Extreme Networks(EXTR)

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Extreme Networks (EXTR) Stock Slides as Market Rises: Facts to Know Before You Trade
Zacks Investment Research· 2024-02-29 23:51
In the latest trading session, Extreme Networks (EXTR) closed at $12.64, marking a -0.16% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.52%. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, added 0.9%.The maker of network infrastructure equipment's stock has dropped by 6.29% in the past month, falling short of the Computer and Technology sector's gain of 1.9% and the S&P 500's gain of 3.85%.Market participants will be closely following the ...
Extreme Extends Dominant Position in Enterprise Network Fabric with More Than 5,000 Global Customer Deployments Worldwide
Businesswire· 2024-02-29 12:05
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that Extreme network Fabric solutions have helped customers improve operational efficiency, increase network security and drive impactful business transformation. GITEX 2023, hosted by the Dubai World Trade Center, ran its entire network across Extreme’s Fabric to securely support a massive influx of traffic as well as make quick changes to the network depending on show needs, without imp ...
Investors Heavily Search Extreme Networks, Inc. (EXTR): Here is What You Need to Know
Zacks Investment Research· 2024-02-28 15:01
Extreme Networks (EXTR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of network infrastructure equipment have returned -24.6% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Computer - Networking industry, to which Extreme Networks belongs, has lost 7.4% over this period. Now the key question is: Where could the stock be headed in ...
Extreme Networks Announces Investor Conference Schedule for February and March 2024
Businesswire· 2024-02-16 12:05
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced its investor conference schedule for February and March 2024: Susquehanna Financial Group's 13th Annual Technology Conference Kevin Rhodes, EVP & Chief Financial Officer Stan Kovler, VP Corporate Strategy & Investor Relations New York, NY Thursday, February 29, 2024 Conducting meetings throughout the day. Morgan Stanley Technology, Media & Telecom Conference Kevin Rhodes, EVP & Chief ...
Here's Why Extreme Networks Stock Sank to a New 52-Week Low Today
The Motley Fool· 2024-01-31 18:30
Shares of network infrastructure company Extreme Networks (EXTR -15.90%) sank on Wednesday after the company reported financial results for its fiscal second quarter of 2024 and issued guidance that disappointed the market. As of 12:50 p.m. ET, Extreme Networks stock was down 17% and had touched new 52-week lows earlier in the session.The current headwindsFor Q2, Extreme Networks generated revenue of $296 million, which was down almost 7% year over year. When the company initially gave Q2 guidance in Novemb ...
Extreme Networks(EXTR) - 2024 Q2 - Earnings Call Presentation
2024-01-31 17:34
FQ2'24 Financial Results 戶 Extrer Non-GAAP Financial Measures: This presentation contains forward-looking statements including, but not limited to: the expected performance and growth of the Company, including its business outlook, strategy and plans; future operating metrics and financial and operating results for the third quarter of fiscal year 2024 and the full fiscal year 2024; expectations regarding growth trends across relevant verticals and geographies and channel and customer demand. You should not ...
Extreme Networks(EXTR) - 2024 Q2 - Earnings Call Transcript
2024-01-31 17:33
Extreme Networks, Inc. (NASDAQ:EXTR) Q2 2024 Earnings Conference Call January 31, 2024 8:00 AM ET Company Participants Stan Kovler - VP-Corporate Strategy & IR Ed Meyercord - CEO Kevin Rhodes - CFO Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets Timothy Horan - Oppenheimer David Vogt - UBS Christian Schwab - Craig-Hallum Dave Kang - B. Riley Alex Henderson - Needham Operator Good day, and thank you for standing by. Welcome to Extreme Networks' Second Quarter Fiscal Year 2024 Finan ...
Extreme Networks(EXTR) - 2024 Q2 - Quarterly Report
2024-01-31 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ______ Commission file number 000-25711 EXTREME NETWORKS, INC. (Exact name of registrant as specified in its charter) | Large accelerated filer | ☒ | A ...
Extreme Networks (EXTR) Q2 Earnings Lag Estimates
Zacks Investment Research· 2024-01-31 14:21
Extreme Networks (EXTR) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.27 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this maker of network infrastructure equipment would post earnings of $0.32 per share when it actually produced earnings of $0.35, delivering a surprise of 9.38%.Over t ...
Extreme Networks Reports Second Quarter Fiscal Year 2024 Financial Results
Businesswire· 2024-01-31 12:05
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its second quarter ended December 31, 2023. "The integration of AI, security and analytics into a single platform is a key differentiator for Extreme and helped drive 37% subscription ARR growth in the quarter. We enhance network security, visibility and performance through our AIOps and machine learning capabilities and Zero Trust security posture. With our One Network, One Cloud st ...