Extreme Networks (EXTR) Reports In-Line Q4 EPS

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Go back to Extreme Networks (EXTR) Reports In-Line Q4 EPS

Extreme Networks Reports Fourth Quarter and Fiscal Year 2016 Financial Results

August 3, 2016 4:05 PM EDT

SAN 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