Extreme Networks(US:EXTR)2025-06-12 13:39Financial Performance - FQ1'18 (GAAP) - Total revenue reached $211.7 million, a significant increase of $89.1 million compared to FQ1'17 as reported[7] - Product revenue was $164.8 million, up by $74.7 million from FQ1'17 as reported[7] - Services revenue amounted to $46.9 million, an increase of $14.4 million compared to FQ1'17 as reported[7] - Operating income was $4.5 million, a substantial improvement of $9.3 million from FQ1'17 as reported[7] - Net income stood at $4.4 million, a notable increase of $10.9 million from FQ1'17 as reported[7] Financial Performance - FQ1'18 (Non-GAAP) - Operating income reached $22.5 million, an increase of $13.7 million from FQ1'17 as reported[7] - Net income was $18.6 million, an increase of $11.5 million from FQ1'17 as reported[7] Revenue by Geography (GAAP) - Americas generated $114.2 million in total revenue, up by $52.1 million from FQ1'17 as reported[13] - EMEA contributed $79.1 million in total revenue, an increase of $28.6 million from FQ1'17 as reported[13] - APAC accounted for $18.4 million in total revenue, an increase of $8.5 million from FQ1'17 as reported[13] Financial Position - Cash and investments increased to $154.1 million[18] - Debt payable increased to $167.6 million[18] FQ2'18 Guidance (GAAP) - Revenue is projected to be between $236.0 million and $246.0 million[29] - Net loss is expected to be between $35.0 million and $40.2 million[29] FQ2'18 Guidance (Non-GAAP) - Revenue is projected to be between $236.0 million and $246.0 million[31] - Net income is expected to be between $12.5 million and $17.0 million[31]