Extreme Networks Reports Third Quarter Fiscal Year 2024 Financial Results
Extreme Networks, Inc. (EXTR)
Last extreme networks, inc. earnings: 1/29 07:05 am
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Source: Business Wire
Financial Results in-line With Previous Outlook38% Growth in SaaS ARR MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its third quarter ended March 31, 2024."Extreme’s focus on the intersection of networking, security, and AI is creating a compelling value proposition that's resonating with customers and driving significant traction in our business. Net new logos grew double-digits this quarter, particularly in the Americas. Our SaaS ARR grew again by 38%, as we continue to deliver on our promise of creating flexibility and simplicity with One Network, One Cloud. Our competitive positioning in the market has never been stronger, as we believe key competitors are either distracted by portfolio rationalization and integration or have lost their focus on networking. Meanwhile, Extreme remains solely focused on our customers' networking needs," said Ed Meyercord, President and Chief Executive Officer."Consistent
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News
- Extreme Networks, Inc. (NASDAQ: EXTR) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $16.50 price target on the stock.MarketBeat
- Extreme Networks Announces Investor Conference Schedule for May and June 2024Business Wire
- Black Box and Extreme Networks Partner to Bring Market-Leading Networking Solutions to the APAC Region [Yahoo! Finance]Yahoo! Finance
- Extreme Networks, Inc. (NASDAQ:EXTR) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock? [Yahoo! Finance]Yahoo! Finance
- Extreme Networks, Inc. (NASDAQ: EXTR) had its price target raised by analysts at B. Riley from $14.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
EXTR
Earnings
- 5/1/24 - Beat
EXTR
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/2/24 - Form 10-Q
- EXTR's page on the SEC website