Summary of Extreme Networks (EXTR) FY Conference Call - August 11, 2025 Company Overview - **Company**: Extreme Networks (EXTR) - **Industry**: Networking solutions, focusing on private networking (both wireless and wired) [2][3] Core Points and Arguments - **Market Position**: Extreme Networks is positioned to gain significant market share in the networking industry despite currently having a relatively low market share [2][3] - **Product Offerings**: The company emphasizes simplicity, reliability, and innovation in its networking solutions, particularly through its fabric technology which allows for automated network connectivity [4][5] - **Target Markets**: Major customers include public sector entities, schools, and large venues such as stadiums, where they provide high-performance Wi-Fi solutions [6][7][10] - **AI Integration**: The introduction of Extreme Platform One, an AI-enabled solution, aims to enhance network management and customer support, allowing for a conversational interface with AI for troubleshooting [11][19] - **Revenue Growth**: The company reported a SaaS ARR of $208 million, growing 24% year-over-year, with expectations for continued strong growth in the SaaS segment [17][18] Financial Performance - **Revenue Composition**: Approximately 36% of revenue is recurring from software and subscriptions, with a focus on increasing this through new licensing agreements [16][19] - **Guidance for FY26**: The company anticipates total growth of about 8%, with SaaS ARR expected to grow in the 20% range [17][18] - **EBITDA**: The company reported an EBITDA run rate of about $100 million, indicating strong cash flow generation [74] Market Dynamics - **Industry Growth**: The overall enterprise networking market is growing in mid-single digits, with Extreme Networks focusing on strategic partnerships and product differentiation to gain market share [56][57] - **Competitive Landscape**: The company is capitalizing on market disruptions caused by competitors' mergers and changes in partner programs, positioning itself to attract new customers [66] Technological Advancements - **Wi-Fi 7 Adoption**: Extreme Networks is seeing early adoption of Wi-Fi 7, with 30% of its wireless business coming from this technology, which is expected to grow significantly in the coming year [46][49] - **AI and Network Planning**: AI is being leveraged for network planning and management, enhancing productivity and allowing for better resource allocation [51][55] Strategic Initiatives - **Customer Engagement**: The company is focusing on moving upmarket to gain larger customers and build strategic relationships, particularly in sectors like education, hospitality, and manufacturing [61][62] - **Product Upgrades**: A gradual upgrade strategy is in place for existing customers to transition to new AI-driven solutions without significant disruption [28][30] Additional Insights - **Customer Support**: The integration of AI into customer support is expected to reduce the need for traditional tech support, improving customer satisfaction and operational efficiency [23][24] - **Future Outlook**: The company is optimistic about achieving double-digit growth in the subscription and support segments, with a long-term goal of reaching a 20% EBITDA margin [78][79] Conclusion Extreme Networks is strategically positioned to leverage technological advancements and market dynamics to enhance its market share and financial performance, with a strong focus on AI integration and customer-centric solutions. The company is optimistic about future growth prospects, particularly in the SaaS and subscription segments.

Extreme Networks (EXTR) Q4 2025 Earnings Call August 07, 2025 08:00 AM ET Company ParticipantsStan Kovler - SVP - IR & Corporate DevelopmentEd Meyercord - President & CEOKevin Rhodes - EVP & CFOConference Call ParticipantsEric Martinuzzi - Senior Research AnalystRyan Koontz - MD - Research AnalystChristian Schwab - Senior Research AnalystTimothy Horan - MD, Senior AnalystNone - AnalystOperatorThank you for standing by, and welcome to the Extreme Networks Fourth Quarter Fiscal Year twenty twenty five Confere ...

Extreme Networks (EXTR) Q4 2025 Earnings Call August 07, 2025 08:00 AM ET Speaker0Thank you for standing by, and welcome to the Extreme Networks Fourth Quarter Fiscal Year twenty twenty five Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. I'd now like to turn the call over to Stan Kobler, Senior Vice President, Finance and Investor Relations.You may begin.Speaker1Thank you, Rob. Good mor ...

Non-GAAP Financial Measures This presentation includes certain financial measures that are not presented in accordance with generally accepted accounting principles in the United States ("GAAP), such as, among other things, Non-GAAP Gross Profit, Non-GAAP EPS, Free Cash Flow, Non-GAAP Gross Margin, Non-GAAP Operating Margin, Net Cash (Debt), Non-GAAP Operating Income (Loss), EBITDA, Non-GAAP Net Income (Loss), Non-GAAP Operating Expense, Gross Debt, and Adjusted EBITDA. Extreme Networks, Inc. (the "Company" ...

Extreme Networks (EXTR) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to a loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.64%. A quarter ago, it was expected that this maker of network infrastructure equipment would post earnings of $0.19 per share when it actually produced earnings of $0.21, delivering a surprise of +10.53%.Over t ...

Exhibit 99.1 For more information, contact: Investor Relations Media Contact Stan Kovler Amy Aylward 919/595-4196 603/952-5138 Investor_relations@extremenetworks.com pr@extremenetworks.com Extreme Networks Reports Fourth Quarter and Fiscal Year 2025 Financial Results Q4 revenue up 20% year-over-year, marking fifth consecutive quarter of sequential growth SaaS ARR up 24% YoY Morrisville, NC, August 6, 2025 -- Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its fourth qu ...

Core Viewpoint - The recommendation to maintain a Buy rating for Extreme Networks, Inc. (NASDAQ: EXTR) remains despite stock volatility over the past six months [1]. Company Analysis - The analyst emphasizes a focus on companies that exhibit strong fundamentals and real potential, particularly in the tech, infrastructure, and internet services sectors [1]. - The article aims to provide thoughtful breakdowns and investment ideas, fostering a community of investors interested in long-term returns rather than short-term fluctuations [1]. Market Context - The article reflects a broader trend of volatility in the stock market, indicating that even with fluctuations, certain stocks like Extreme Networks are still considered valuable [1].

Extreme Networks FQ1'18 Financial Results November 7, 2017 ©2017 Extreme Networks, Inc. All rights reserved Cautionary Statement on Financial Measures Non-GAAP Measures: In preparing the accompanying information, the Company has excluded, where applicable, the impact of certain Non-GAAP costs as listed at the end of this presentation. The Company believes these Non-GAAP measures provide both management and investors with additional insight into its current operations, the trends affecting the Company and th ...

Extreme Networks FQ2'18 Financial Results February 6, 2018 ©2018 Extreme Networks, Inc. All rights reserved Cautionary Statement on Financial Measures Financial Highlights – Financial Operations | | FY'17 | | FY'18 | | FQ2'18 v | FQ2'18 v | | --- | --- | --- | --- | --- | --- | --- | | | Q2 | Q2 | Q1 | Q2 | FQ1'18 | FQ2'17 | | | A | s A djust ed | | | | A s A djust ed | | GAAP | | | | | | | | Product Revenue | $109.8 | $118.1 | $164.8 | $174.8 | $10.0 | $56.7 | | Services Revenue | $38.3 | $38.3 | $46.9 | $ ...

Extreme Networks FQ3'18 Financial Results May 8, 2018 ©2018 Extreme Networks, Inc. All rights reserved Cautionary Statement on Financial Measures Non-GAAP Measures: In preparing the accompanying information, the Company has excluded, where applicable, the impact of certain Non-GAAP costs as listed at the end of this presentation. The Company believes these Non-GAAP measures provide both management and investors with additional insight into its current operations, the trends affecting the Company and the Com ...