Extreme Networks (EXTR) Misses Q2 EPS by 1c, Misses on Revenue; Offers Weak Q3 Guidance

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Extreme Networks Reports Second Quarter Fiscal Year 2024 Financial Results

January 31, 2024 7:05 AM EST

Financial Results In-line With Previously Revised Second Quarter Outlook

MORRISVILLE, N.C.--(BUSINESS WIRE)-- Extreme Networks, Inc. (Extreme) (Nasdaq: EXTR) today released financial results for its second quarter ended December 31, 2023.

"The integration of AI, security and analytics into a single platform is a key differentiator for Extreme and helped drive 37% subscription ARR growth in the quarter. We enhance network security, visibility and performance through our AIOps and machine learning capabilities and Zero Trust security posture. With our One Network, One Cloud strategy, we make networking simple and flexible and... More