Extreme Networks Inc reports results for the quarter ended in December - Earnings Summary

Extreme Networks

27/01/2022 15:52

* Extreme Networks Inc  EXTR.OQ  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 17 cents per share.
    * Revenue rose 16% to $280.93 million from a year ago; 
analysts
expected $272.07 million. 
    * Extreme Networks Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Extreme Networks Inc shares had fallen by 21.6% this
quarter.
    * The company reported quarterly net income of $13.34
million.
    * Wall Street's median 12-month price target for Extreme
Networks
Inc is $16.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated January 27 at 03:51 p.m.
 ​All figures in US dollars unless otherwise stated