Extreme Networks (EXTR) Tops Q2 EPS by 5c, Offers Guidance

Go back to Extreme Networks (EXTR) Tops Q2 EPS by 5c, Offers Guidance

Extreme Networks Reports Second Quarter Fiscal Year 2017 Financial Results

February 1, 2017 4:05 PM EST

SAN JOSE, Calif., Feb. 1, 2017 /PRNewswire/ -- Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its fiscal second quarter ended December 31, 2016.  Second quarter revenue was $148.1 million.  GAAP gross margin for the second fiscal quarter was 50.9% and non-GAAP gross margin 57.5%.  GAAP operating margin for the second fiscal quarter was (5.0)% and non-GAAP operating margin was 9.4%.  GAAP net loss for the second fiscal quarter was $8.6 million, or $0.08 per basic share, and non-GAAP net income was $12.7 million, or $0.12 per diluted share.

... More