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

Extreme Networks

27/07/2022 17:56

* Extreme Networks Inc  EXTR.OQ  reported quarterly adjusted
earnings of 15 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 14 cents per share.
    * Revenue rose 0% to $278.20 million from a year ago;
analysts
expected $268.96 million. 
    * Extreme Networks Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.7%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Extreme Networks Inc shares had risen by 23.9% this
quarter and
lost 29.6% so far this year.
    * Wall Street's median 12-month price target for Extreme
Networks
Inc is $13.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 04:56 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.15           0.15           Met
 Mar. 31 2022      0.18           0.21           Beat
 Dec. 31 2021      0.17           0.21           Beat
 Sep. 30 2021      0.16           0.21           Beat