Extreme Networks, Inc. Revises Earnings Guidance for the Second Quarter Ended December 31, 2023
January 08, 2024 at 04:30 pm EST
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Extreme Networks, Inc. revised earnings guidance for the second quarter ended December 31, 2023. For the period, the company's revenues are now expected to be approximately $294 million to $297 million, compared to the prior outlook of $312 million to $327 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.