Extreme Networks (EXTR) Surpasses Q1 Earnings and Revenue Estimates

Extreme Networks (EXTR) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of$ 0.12 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 41.67%. A quarter ago, it was expected that this maker of network infrastructure equipment would post earnings of$ 0.13 per share when it actually produced a loss of $0.08, delivering a surprise of -161.54%. Over ...