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

Extreme Networks

28/07/2021 14:18

* Extreme Networks Inc  EXTR.OQ  reported quarterly adjusted
earnings of 19 cents​​ per share for the quarter ended in June.
The mean expectation of five analysts for the quarter was
for earnings of 17 cents per share.
* Revenue rose 29% to $278.09 million from a year ago;  analysts
expected $263.88 million. 
* Extreme Networks Inc's reported EPS for the quarter was 8
cents​.
* The mean earnings estimate of analysts had risen by about 8.7%
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 12.2% this
quarter and gained 42.2% so far this year.
* The company reported quarterly net income of $10.33 million.
* Wall Street's median 12-month price target for Extreme
Networks Inc is $14.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 28 at 01:18 p.m.  ​All
figures in US dollars unless otherwise stated