Extreme Networks (EXTR) Reports In-Line Q4 EPS
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Extreme Networks Reports Fourth Quarter and Fiscal Year 2016 Financial Results
August 3, 2016 4:05 PM EDTSAN JOSE, Calif., Aug. 3, 2016 /PRNewswire/ -- Extreme Networks, Inc. (Nasdaq: EXTR) today released financial results for its fiscal fourth quarter ended June 30, 2016. Fourth quarter GAAP revenue was $139.6 million and non-GAAP revenue was $140.0 million. GAAP net loss for the fourth fiscal quarter was $2.3 million, or $0.02 per basic share, and non-GAAP net income was $10.2 million, or $0.10 per diluted share. For the full fiscal year 2016, Extreme Networks reported GAAP revenue of $528.4 million, compared to $552.9 million for fiscal 2015. Fiscal year 2016 non-GAAP revenue was $529.9 million compared to $556.0 million in fiscal 2015. GAAP net loss was $31.9 million, or... More
