Extreme (EXTR) Q3 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]
Extreme Networks, Inc. (EXTR)
Last extreme networks, inc. earnings: 1/29 07:05 am
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US:NASDAQ Investor Relations:
investor.extremenetworks.com
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Source: Globe and Mail, The
President & Chief Executive Officer — Edward Meyercord Executive Vice President & Chief Financial Officer — Kevin Rhodes Senior Vice President, Finance and Corporate Development — Stan Kovler TAKEAWAYS Revenue -- $317 million, up 11% year over year and exceeding the high end of guidance. Product Revenue -- Increased 12% year over year, marking eight consecutive quarters of growth. SaaS Annual Recurring Revenue (ARR) -- Reached $236 million, growing 29% year over year. Subscription and Support Recurring Revenue -- $114 million, up 13% year over year and stable at 36% of total revenue. SaaS Deferred Revenue -- Rose to $342 million, a 19% year-over-year increase. Gross Margin -- Achieved 62.3%, improving quarter over quarter and exceeding guidance. Product Gross Margin -- Increased by 70 basis points sequentially from Q2 2026. Operating Margin -- 15.2%, up from 14.1% in the prior quarter and 15% in the year-ago period. EBITDA -- $53.4 million, with a margin of 16
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EXTR
News
- Extreme Networks (EXTR) was given a new $28.00 price target by UBS Group AG.MarketBeat
- Extreme Networks (EXTR) had its "buy" rating reaffirmed by B. Riley Financial, Inc..MarketBeat
- Extreme Networks (EXTR) had its "buy" rating reaffirmed by Lake Street Capital.MarketBeat
- Extreme Networks (EXTR) had its "neutral" rating reaffirmed by UBS Group AG.MarketBeat
- Extreme Networks (EXTR) had its price target raised by Needham & Company LLC from $21.00 to $26.00. They now have a "buy" rating on the stock.MarketBeat
EXTR
Earnings
- 4/29/26 - Beat
EXTR
Sec Filings
- 4/29/26 - Form SCHEDULE
- 4/29/26 - Form 8-K
- 4/2/26 - Form 4
- EXTR's page on the SEC website