Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter and Fourth Quarter of Fiscal Year Ending June 30, 2024
January 31, 2024 at 07:13 am EST
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Extreme Networks, Inc. provided earnings guidance for the third quarter and fourth quarter of fiscal year ending June 30, 2024. For the third quarter, the company expects total net revenue to be in the range of $200 million to $210 million and loss per share to be in the range of $0.55 to $0.50.
For the fourth quarter, the company expects total net revenue to be in the range of $265 million to $275 million.
Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined area-network (SD- WAN) infrastructure equipment. The Company's cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It offers its services in business, hospitality, retail, transportation and logistics, education, government, healthcare, manufacturing, and service providers. Its cloud networking technologies provide flexibility and scalability in deployment, management, and licensing of networks globally.