Extreme Networks Reports Second Quarter Fiscal Year 2019 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Extreme Networks (EXTR) Tops Q2 EPS by 3c, Revenues Beat; Offers 3Q EPS Guidance Below Consensus, 3Q Revenue Mid-Point Guidance Below Consensus
January 29, 2019 7:34 AM ESTExtreme Networks (NASDAQ: EXTR) reported Q2 EPS of $0.13, $0.03 better than the analyst estimate of $0.10. Revenue for the quarter came in at $252.7 million versus the consensus estimate of $244.45 million.
Revenue $252.7 million, up 9% year-over-year and up 5% quarter-over-quarter.GAAP gross margin 55.9% compared to 55.8%, in Q2 last year.Non-GAAP gross margin 58.2% compared to 59.4%, in Q2 last year.GAAP operating margin 1.9% compared to (13.5)%, in Q2 last year.Non-GAAP operating margin 8.0%, compared to 8.8%, in Q2 last year.Free Cash Flow* $23.6 million before share... More