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

Extreme Networks

25/01/2023 14:31

* Extreme Networks Inc  EXTR.OQ  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 24 cents per share.
    * Revenue rose 13.3% to $318.35 million from a year ago;
analysts
expected $304.37 million. 
    * Extreme Networks Inc's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
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 risen by 5.5% this
quarter.
    * The company reported quarterly net income of $17.93
million.
    * Wall Street's median 12-month price target for Extreme
Networks
Inc is $22.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
25 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.27           Beat
 Sep. 30 2022      0.17           0.20           Beat
 Jun. 30 2022      0.15           0.15           Met
 Mar. 31 2022      0.18           0.21           Beat