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Stock impact report

Why Extreme Networks' Shares Rose 18.6% Last Month [The Motley Fool]

Extreme Networks, Inc. (EXTR) 
Last extreme networks, inc. earnings: 1/29 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investor.extremenetworks.com
Company Research Source: The Motley Fool
The data center networking expert crushed analyst expectations in the first quarter, making the stock look downright cheap at recent prices. Anders Bylund ( TMFZahrim ) Dec 10, 2018 at 5:33PM What happened Shares of Extreme Networks ( NASDAQ:EXTR ) gained 18.6% in November, according to data from S&P Global Market Intelligence . As is often the case, you'll find a solid earnings report behind that sharp surge. So what The maker of data center networking equipment saw first-quarter sales rise 13% year over year, landing at $240 million. Adjusted earnings fell 50%, stopping at $0.08 per diluted share. Your average Wall Street analyst had been expecting earnings in the neighborhood of $0.03 per share on revenue near $233 million. The company also issued next-quarter guidance in line with analyst views and kicked off a $60 million share buyback Show less Read more
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