Extreme Networks (EXTR) Reports Q4 Loss, Tops Revenue Estimates

Extreme Networks (EXTR) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of $0.13. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -161.54%. A quarter ago, it was expected that this maker of network infrastructure equipment would post a loss of $0.17 per share when it actually produced a loss of $0.19, delivering a surprise of -11.76%. Over the last four q ...