Extreme Networks (EXTR) Tops Q4 EPS by 13c

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Extreme Networks Reports Fourth Quarter and Fiscal Year 2015 Financial Results

August 6, 2015 7:01 AM EDT

SAN JOSE, Calif., Aug. 6, 2015 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR) today released financial results for the fourth quarter and fiscal year ended June 30, 2015.  Fourth quarter GAAP revenue was $149.9 million and non-GAAP revenue was $150.6 million.  GAAP net loss for the fourth fiscal quarter was $15.7 million, or $0.16 per share, and non-GAAP net income was $10.1 million, or $0.10 per share. For the full fiscal year 2015, Extreme Networks reported GAAP revenue of $552.9 million, compared to $519.6 million for fiscal 2014. Fiscal year 2015 non-GAAP revenue was $556.0 million compared to $524.8 million in fiscal 2014. GAAP net loss was $71.6 million,... More