Extreme Networks, Inc. (EXTR)
| Market Cap | 2.53B |
| Revenue (ttm) | 1.18B |
| Net Income (ttm) | 48.75M |
| Shares Out | 131.35M |
| EPS (ttm) | 0.36 |
| PE Ratio | 53.56 |
| Forward PE | 14.12 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,681,975 |
| Open | 18.67 |
| Previous Close | 18.81 |
| Day's Range | 18.57 - 19.37 |
| 52-Week Range | 8.49 - 21.03 |
| Beta | 2.08 |
| Analysts | Buy |
| Price Target | 21.86 (+13.38%) |
| Earnings Date | Jan 25, 2023 |
About EXTR
Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops software for network management, policy, analytics, security, and access controls. The company offers ExtremeCloud IQ, an ML/AI powered, wired, and wireless cloud network management solution that offers advanced visibility and control over users, devices, and applications; ExtremeCloud IQ Site Engine that provides task automation, access control, granular visib... [Read more]
Financial Performance
In 2022, EXTR's revenue was $1.11 billion, an increase of 10.19% compared to the previous year's $1.01 billion. Earnings were $44.27 million, an increase of 2186.73%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for EXTR stock is "Buy." The 12-month stock price forecast is $21.86, which is an increase of 13.38% from the latest price.
News
Why Extreme Networks is a Recession-Proof Technology Play
Spending cuts and layoffs are continually making headlines as the economy contracts. Some of the most prominent household names have announced plans or implemented layoffs.
Extreme Networks (EXTR) Tops Q2 Earnings and Revenue Estimates
Extreme Networks (EXTR) delivered earnings and revenue surprises of 12.50% and 4.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Extreme Networks Announces CFO Transition
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that its CFO, Rémi Thomas, has accepted a position at a privately held softwa...
Extreme Networks Reports Second Quarter Fiscal Year 2023 Financial Results
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its second fiscal quarter ended December 31, 2022.
Extreme Fabric Solutions Help Global Organizations Scale Operations and Improve Time to Revenue
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that customers worldwide – including Germany's highest mountain resort, the c...
Extreme Networks Schedules Second Quarter Fiscal 2023 Financial Results Conference Call
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its second fiscal quarter, ended Decem...
Extreme Networks Named a Leader in 2022 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure for Fifth Consecutive Year
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has been named as a Leader by Gartner, Inc. for the fifth consecutive year...
City, University of London Modernizes Wireless Campus Infrastructure with Extreme Networks
READING, England--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced the deployment of a new Wi-Fi 6 wireless network for UK-based City, University...
Extreme Networks (EXTR) Q1 Earnings and Revenues Beat Estimates
Extreme Networks (EXTR) delivered earnings and revenue surprises of 11.11% and 4.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Extreme Networks Reports First Quarter Fiscal Year 2023 Financial Results
MORRISVILLE, N.C.
Extreme Networks Announces Investor Conference Schedule for November and December 2022
MORRISVILLE, N.C.
E-Rate Eligible Solutions from Extreme Help Bridge Digital Divide and Create Modern Learning Environments
MORRISVILLE, N.C.
Extreme Networks Schedules First Quarter Fiscal 2023 Financial Results Conference Call
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced plans to release financial results for its first fiscal quarter, ended Septembe...
Extreme to Modernize the In-Stadium Experience for Liverpool FC Fans, Deployment Led by Verizon Business
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has selected Verizon Business as its partner to deploy wireless connectivity solutions at Liverpool FC's Anfield Stadium.
Extreme Extends Americas Sales Leadership Team to Capitalize on Market Opportunity
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced Pete Brant, a proven leader with deep experience in networking and cybersecurit...
Extreme Strengthens APAC Leadership Team
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has strengthened its leadership team in the Asia Pacific (APAC) region. Jeff...
Extreme and Minor League Baseball to Push the Boundaries of In-Stadium Technology with New Partnership
MORRISVILLE, N.C.--(BUSINESS WIRE)--MiLB has selected Extreme Networks as an Official Technology Innovation Partner, supporting the testing of new stadium and in-game technologies.
3 Stocks to Watch for in a Prospering Networking Industry
The Zacks Computer - Networking industry players like CSCO, EXTR and DGII are poised to benefit from accelerated 5G deployment, robust demand for network security and growing prominence of smart netwo...
Extreme Networks Introduces Industry's First Outdoor Wi-Fi 6E Access Point
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today introduced the Extreme AP5050: the industry's first outdoor Wi-Fi 6E Outdoor Access Point...
Jenne, Inc. Honored as Americas Distributor of the Year at Extreme Networks Partner Conference
AVON, Ohio--(BUSINESS WIRE)-- #Winning--Jenne, Inc. recognized as Americas Distributor of the Year during Ignite, Extreme Networks' first combined global sales and partner conference.
Extreme Networks Announces Investor Conference Schedule for August and September 2022
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a cloud networking company, today announced its investor conference schedule for August and September 2022: KeyBanc 2022 Tech...
Extreme Networks Enriches Partner Program with New Perks and Benefits
BOSTON--(BUSINESS WIRE)--Extreme today introduced new programs that give partners a competitive advantage in selling and deploying Extreme solutions.
Extreme Strengthens Product Leadership Team with Promotion of Key Leaders
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced it has promoted three product leaders into new executive positions.
Extreme Networks (EXTR) Matches Q4 Earnings Estimates
Extreme Networks (EXTR) delivered earnings and revenue surprises of 0% and 2.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Extreme Networks Reports Fiscal Year and Fourth Quarter 2022 Financial Results
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its fiscal year and fourth fiscal quarter ended June 30, 2022. Fiscal Year 20...