Extreme Networks (EXTR) Reports In-Line Q4 EPS, Offers Guidance

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

Extreme Networks Reports Fiscal Year and Fourth Quarter 2022 Financial Results

July 27, 2022 7:05 AM EDT

Record Bookings and Double-Digit Revenue Growth in FY22 Reiterates FY23 Revenue Growth of 10-15%

MORRISVILLE, N.C.--(BUSINESS WIRE)-- Extreme Networks, Inc. (Extreme) (Nasdaq: EXTR) today released financial results for its fiscal year and fourth fiscal quarter ended June 30, 2022.

Fiscal Year 2022 Results:

Revenue $1.1 billion, up 10% from $1.0 billion in fiscal 2021 GAAP EPS $0.33, up from $0.02 in fiscal 2021 Non-GAAP EPS $0.77, up from $0.57 in fiscal 2021 GAAP operating margin 5.8% up from 3.4% in fiscal 2021 Non-GAAP operating margin 12.2% up from 10.9% in fiscal 2021 Executed $45.0 million in share... More