Extreme Networks gains on Q4 results beat

Extreme Networks

02/08/2023 16:24

** Shares of Extreme Networks Inc  EXTR.O  up 5.5% at $29.37
    ** The network equipment firm reports Q4 rev of $363.9 mln,
up 31% YOY, beating est. of $343.5 mln- Refinitiv 
    ** Posts quarterly adj EPS of $0.33; topping expectations of
$0.31    
    ** Co expects continued strong growth in FY24 
    ** EXTR shares up 60.24% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))