Extreme Networks (EXTR) Cuts Q3 Outlook
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Price: $23.02 +3.14%
Financial Fact:
Total cost of revenues: 57.4M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Total cost of revenues: 57.4M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Extreme Networks, Inc. (Nasdaq: EXTR) today announced preliminary financial results for its 2012 fiscal third quarter ended April 1, 2012.
For the quarter, total net revenue will be in the range of $73.0-73.5 million, as compared to $75.7 million in the third quarter of fiscal 2011 and previous guidance of $80-85 million for the quarter. In addition, estimated non-GAAP EPS per diluted share is $0.04 per share versus a loss of $0.05 per share in the third quarter of fiscal 2011 and previous guidance in the range of $0.06-0.08 per share.
The Street sees revs of $82.4 million and EPS of 7 cents per share.
For the quarter, total net revenue will be in the range of $73.0-73.5 million, as compared to $75.7 million in the third quarter of fiscal 2011 and previous guidance of $80-85 million for the quarter. In addition, estimated non-GAAP EPS per diluted share is $0.04 per share versus a loss of $0.05 per share in the third quarter of fiscal 2011 and previous guidance in the range of $0.06-0.08 per share.
The Street sees revs of $82.4 million and EPS of 7 cents per share.
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