Extreme Networks (EXTR) Tops Q3 EPS by 3c

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Go back to Extreme Networks (EXTR) Tops Q3 EPS by 3c

Extreme Networks Reports Third Quarter Fiscal Year 2022 Financial Results

April 27, 2022 7:05 AM EDT

Achieves Record Bookings and Revenue with SaaS ARR Approaching $100 Million

Product Backlog Exceeds $425 Million

Expects FY23 Revenue Growth of 10-15%, Accelerating to Mid-Teens Through 2025

MORRISVILLE, N.C.--(BUSINESS WIRE)-- Extreme Networks, Inc. (Extreme) (Nasdaq: EXTR) today released financial results for its third fiscal quarter ended March 31, 2022.

Fiscal Third Quarter Results:

Revenue $285.5 million, up 13% year-over-year, and up 2% quarter-over-quarter SaaS ARR* $97 million, up 54% year-over-year, and up 10% quarter-over-quarter GAAP EPS $0.10, up from... More