Extreme Networks(EXTR) - 2018 Q2 - Earnings Call Presentation

Financial Performance - Q2'18 vs Q2'17 (Adjusted) - Total revenue increased to $231.1 million, a $74.7 million increase[7, 15] - Product revenue increased to $174.8 million, a $56.7 million increase[7, 15] - Service revenue increased to $56.3 million, an $18.0 million increase[7, 15] - GAAP operating loss was $(31.1) million, compared to $(3.0) million[7] - Non-GAAP operating income was $20.3 million, compared to $18.4 million[7] Financial Performance - Q2'18 vs Q1'18 - Total revenue increased to $231.1 million, a $19.4 million increase[7, 15] - Product revenue increased to $174.8 million, a $10.0 million increase[7, 15] - Service revenue increased to $56.3 million, a $9.4 million increase[7, 15] - GAAP operating loss was $(31.1) million, compared to $4.5 million[7] - Non-GAAP operating income was $20.3 million, compared to $22.5 million[7] Geographical Revenue (Product & Service) - Americas total revenue increased to $117.7 million, a $34.2 million increase compared to the adjusted Q2'17[15] - EMEA total revenue increased to $89.6 million, a $29.1 million increase compared to the adjusted Q2'17[15] - APAC total revenue increased to $23.8 million, an $11.4 million increase compared to the adjusted Q2'17[15] Q3'18 Financial Guidance - Revenue is projected to be between $262.0 million and $272.0 million[30, 32] - GAAP EPS is projected to be between $(0.09) and $(0.01)[30] - Non-GAAP EPS is projected to be between $0.17 and $0.24[32]