Extreme Networks, Inc. (EXTR)
Market Cap | 1.47B |
Revenue (ttm) | 1.35B |
Net Income (ttm) | 80.22M |
Shares Out | 128.73M |
EPS (ttm) | 0.60 |
PE Ratio | 19.28 |
Forward PE | 34.12 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 14,042 |
Open | 11.59 |
Previous Close | 11.57 |
Day's Range | 11.44 - 11.62 |
52-Week Range | 11.12 - 32.73 |
Beta | 1.91 |
Analysts | Hold |
Price Target | 18.30 (+58.17%) |
Earnings Date | Apr 24, 2024 |
About EXTR
Extreme Networks, Inc. provides software-driven networking solutions worldwide. It designs, develops, and manufactures wired, wireless, and software-defined wide area-network infrastructure equipment. 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 visibility with real-time analytics and multi-vendor device management; ... [Read more]
Financial Performance
In 2023, EXTR's revenue was $1.31 billion, an increase of 17.99% compared to the previous year's $1.11 billion. Earnings were $78.07 million, an increase of 76.35%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for EXTR stock is "Hold." The 12-month stock price forecast is $18.3, which is an increase of 58.17% from the latest price.
News
Extreme Networks a Leader in 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has been named as a Leader by Gartner, Inc. in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure.
Extreme Networks Announces Investor Conference Schedule for February and March 2024
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced its investor conference schedule for February and March 2024: Susquehanna Finan...
The Law Offices of Frank R. Cruz Announces Investigation of Extreme Networks, Inc. (EXTR) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Extreme Networks, Inc. (“Extreme Networks” or the “Company”) (NASDAQ: EXTR) on behalf of investors concerni...
Extreme Networks Stock Tumbles on Weak Guidance. Blame Supply-Chain Snags.
The cloud-networking company filed quarterly earnings and sales slightly above estimates.
Extreme Networks Reports Second Quarter Fiscal Year 2024 Financial Results
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its second quarter ended December 31, 2023. "The integration of AI, security ...
Extreme Networks Introduces New Cloud-Managed Universal Wi-Fi 7 Access Point, Industry's Easiest to Deploy/Provision Switches
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today introduced two new solutions designed to help highly distributed enterprises improve network connectivity, security and performance.
Revolutionizing Connectivity: E-Rate Eligible Solutions from Extreme Networks Unleash the Power of Secure Networking and AI for K-12 Schools
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced an expanded list of E-Rate eligible solutions for K-12 schools and public libraries in the U.S.
Extreme Networks Stock Drops Over 7%—Here's Why
Extreme Networks (EXTR) shares tumbled over 7% Tuesday after the networking solutions firm slashed its current quarter guidance as customers held off making new purchases. The company also announced c...
Extreme Networks shares slide 6% following lowered outlook
Extreme Networks shares EXTR, +2.28% edged down 5.9%, to $16.47 in after-hours trading Monday after the company lowered its second-quarter revenue outlook.
Extreme Networks Strengthens Executive Leadership Team
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has elevated Norman Rice to the role of Chief Commercial Officer.
Extreme Networks Provides Update to Q2 Outlook
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced a business update on the financial results for its second quarter ended Decembe...
Extreme Networks Appoints Monica Kumar as Chief Marketing Officer
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced that Monica Kumar has been appointed as the company's new Executive Vice President and Chief Marketing Officer.
RSR and Extreme Networks Report: 63% of Financially Lucrative Retailers Say Wi-Fi Has Dramatically Improved Store Operations and Customer Experiences
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme and Retail Systems Research today released the results of a report that surveyed retailers on main technology challenges and opportunities.
Extreme Networks Announces Investor Conference Schedule for November and December 2023
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today announced its investor conference schedule for November and December 2023.
Extreme Networks Reports First Quarter Fiscal Year 2024 Financial Results
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. today released financial results for its first quarter ended September 30, 2023.
Extreme Networks 2023 Investor Day Returns to Major League Baseball Headquarters in New York City
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that it will host its second in-person Investor Day of 2023 on Tuesday, Nov. 7 ...
Extreme Networks Schedules First Quarter Fiscal 2024 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...
Manchester United Unleashes High-Speed Fan-Facing Extreme Networks Wi-Fi at Old Trafford
MORRISVILLE, N.C.--(BUSINESS WIRE)--Red Devils fans attending matches at Old Trafford this season will experience fast new Wi-Fi from Extreme Networks.
Extreme Networks Announces Investor Conference Schedule for August and September 2023
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced its investor conference schedule for August and September 2023.
Extreme Networks Reports Fourth Quarter and Fiscal Year 2023 Financial Results
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks today released financial results for its fiscal year and fourth quarter ended June 30, 2023.
Extreme Networks Schedules Fourth Fiscal Quarter and Year End 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 fourth fiscal quarter, ended June 30...
Extreme Networks Announces Investor Conference Schedule for May and June 2023
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced its investor conference schedule for May and June 2023: Extreme CONNECT 2023 Us...
Extreme Networks Reimagines the Retail Experience to Create Store of the Future
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme today announced that it will help drive impactful, engaging in-store experiences and streamline store operations for Kroger.
Extreme Networks Reports Third Quarter Fiscal Year 2023 Financial Results
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its third fiscal quarter ended March 31, 2023. Fiscal Third Quarter Results: ...
Extreme Networks Announces New Chief Financial Officer
MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks has appointed Kevin Rhodes, CPA, as Executive Vice President and Chief Financial Officer, effective May 30, 2023.