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Extreme Networks: Fiscal Q2 Earnings Snapshot

Extreme Networks: Fiscal Q2 Earnings Snapshot

Extreme Networks: Fiscal Q2 Earnings Snapshot

By AP News
Published - Jan 25, 2023, 07:24 AM ET
Last Updated - Jun 23, 2023, 01:00 AM EDT

MORRISVILLE, N.C. (AP) _ Extreme Networks Inc. (EXTR) on Wednesday reported fiscal second-quarter profit of $17.9 million.

On a per-share basis, the Morrisville, North Carolina-based company said it had net income of 13 cents. Earnings, adjusted for one-time gains and costs, came to 27 cents per share.

The maker of network infrastructure equipment posted revenue of $318.3 million in the period.

For the current quarter ending in March, Extreme Networks expects its per-share earnings to range from 23 cents to 29 cents.

The company said it expects revenue in the range of $315 million to $325 million for the fiscal third quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a EXTR">Zacks stock report on EXTR at https://www.zacks.com/ap/EXTR

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