Extreme Networks Reports Third Quarter Fiscal Year 2018 Financial Results

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Extreme Networks (EXTR) PT Lowered to $12.50 at Needham & Company

May 9, 2018 8:18 AM EDT

Needham & Company lowered its price target on Extreme Networks (NASDAQ: EXTR) to $12.50 (from $15.50) while maintaining a Buy rating following the company's 1Q. Extreme reported weaker than expected numbers. Revenues came in light and GMs were below expectations. Guide was weaker than expected... More

Extreme Networks (EXTR) Misses Q3 EPS by 5c, Q4 EPS Guidance Misses

May 8, 2018 4:24 PM EDT

Extreme Networks (NASDAQ: EXTR) reported Q3 EPS of $0.16, $0.05 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $262 million versus the consensus estimate of $268.32 million.

GUIDANCE:

Extreme Networks sees Q4 2018 EPS of $0.16-$0.23, versus the consensus of... More