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

Extreme Networks

27/10/2022 15:28

* Extreme Networks Inc  EXTR.OQ  reported quarterly adjusted
earnings of 20 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 17 cents per share.
    * Revenue rose 11.2% to $297.69 million from a year ago;
analysts
expected $282.89 million. 
    * Extreme Networks Inc's reported EPS for the quarter was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1% 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 20.0% this
quarter and
lost 0.1% so far this year.
    * The company reported quarterly net income of $12.59
million.
    * Wall Street's median 12-month price target for Extreme
Networks
Inc is $18.00 
    * 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 October
27 at 02:28 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.17           0.20           Beat
 Jun. 30 2022      0.15           0.15           Met
 Mar. 31 2022      0.18           0.21           Beat
 Dec. 31 2021      0.17           0.21           Beat