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

Extreme Networks

27/04/2022 20:20

* Extreme Networks Inc  EXTR.OQ  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in March.
The mean expectation of five analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue rose 12.7% to $285.51 million from a year ago; 
analysts
expected $280.77 million. 
    * Extreme Networks Inc's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.8%
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 7.5% this
quarter and
lost 28.0% so far this year.
    * The company reported quarterly net income of $12.82
million.
    * Wall Street's median 12-month price target for Extreme
Networks
Inc is $17.00 
    * 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 April 27 at 07:20 p.m.  ​All
figures in US dollars unless otherwise stated