Extreme Networks (EXTR) Tops Q1 EPS by 4c

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Go back to Extreme Networks (EXTR) Tops Q1 EPS by 4c

Extreme Networks Reports First Quarter Fiscal Year 2016 Financial Results

October 29, 2015 4:07 PM EDT

SAN JOSE, Calif., Oct. 29, 2015 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR) today released financial results for the first quarter ended September 30, 2015.  First quarter GAAP revenue was $124.6 million and non-GAAP revenue was $125.0 million.  GAAP net loss for the first fiscal quarter was $11.5 million, or $0.11 per basic share, and non-GAAP net income was $6.7 million, or $0.07 per diluted share.

"Fiscal 2016 is off to a good start with solid execution in the US and Europe and a nice rebound in Latin America," stated Ed... More