Extreme Networks(US:EXTR)2025-06-12 13:33Financial Performance - Q3'18 - Total GAAP revenue reached $262.0 million, a $30.9 million increase compared to Q2'18 and a $112.8 million increase compared to Q3'17[6] - GAAP product revenue was $203.5 million, up $28.7 million from Q2'18 and $92.2 million from Q3'17[6] - GAAP service revenue amounted to $58.5 million, a $2.2 million increase from Q2'18 and a $20.6 million increase from Q3'17[6] - Non-GAAP EPS was $0.16, compared to $0.14 in Q2'18 and $0.11 in Q3'17[6] - GAAP gross margin was 54.6%, a decrease of 1.2% compared to Q2'18 and a decrease of 0.9% compared to Q3'17[6] - Non-GAAP operating income was $24.4 million, up from $20.3 million in Q2'18 and $14.6 million in Q3'17[6] Revenue by Geography (GAAP) - Americas total revenue reached $143.8 million, a $26.1 million increase compared to Q2'18 and a $61.0 million increase compared to Q3'17[12] - EMEA total revenue was $94.8 million, a $5.2 million increase compared to Q2'18 and a $42.6 million increase compared to Q3'17[12] - APAC total revenue was $23.4 million, a decrease of $0.4 million compared to Q2'18 and a $9.2 million increase compared to Q3'17[12] Financial Position (GAAP) - Cash and short-term investments were $105.3 million[19] - Accounts receivable (AR) totaled $188.4 million[19] - Debt payable was $178.7 million[19] Q4'18 Financial Guidance - The company projects Q4'18 revenue between $277.0 million and $287.0 million[27, 28] - The company projects Q4'18 GAAP EPS between $0.01 and $0.08[27] - The company projects Q4'18 non-GAAP EPS between $0.16 and $0.23[28]