Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $3.00 USD
Change Today +0.20 / 7.14%
Volume 1.5M
EXTR On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 5:20 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

extreme networks inc (EXTR) Snapshot

Open
$2.91
Previous Close
$2.80
Day High
$3.05
Day Low
$2.82
52 Week High
09/3/14 - $5.49
52 Week Low
07/27/15 - $2.11
Market Cap
300.2M
Average Volume 10 Days
795.5K
EPS TTM
$-0.53
Shares Outstanding
100.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for EXTREME NETWORKS INC (EXTR)

Related News

No related news articles were found.

extreme networks inc (EXTR) Related Businessweek News

No Related Businessweek News Found

extreme networks inc (EXTR) Details

Extreme Networks, Inc., together with its subsidiaries, provides wired and wireless network infrastructure equipment, software, and services for enterprises, data centers, and service providers. The company offers Black Diamond products, which deliver modular or chassis-based Ethernet connectivity solutions that have a range of management and line cards allowing customers to configure and re-purpose the systems; and Summit product family of stackable Ethernet switching systems, which provide a range of connection speeds, various physical presentations, and options to deliver PoE or unpowered standard Ethernet ports. It also provides IdentiFi family of wireless access points that offer both indoor and outdoor 802.11a/b/g/n/ac access points; NetSight management software system, which manages and automates the network through a single interface; and network access control (NAC) and MobileIAM products that provide pre-connect and post-connect network access control solutions for wired and wireless LAN and VPN users. In addition, the company offers Purview, a network-powered application analytics and optimization solution. Further, it provides Software-Defined Networking solution with network management, network access control, application analytics, and wireless controller technology facilities. Additionally, it offers professional and training services; and support services for end-users, resellers, and distributors. It serves businesses, hospitals, hotels, universities, sports venues, telecommunications companies, and government agencies. The company sells its products through distributors, resellers, and field sales organizations worldwide. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.

extreme networks inc (EXTR) Top Compensated Officers

Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $30.8K
Executive Vice President of Operations, Suppl...
Total Annual Compensation: $360.8K
Executive Vice President , General Counse and...
Total Annual Compensation: $309.6K
Compensation as of Fiscal Year 2014.

extreme networks inc (EXTR) Key Developments

Extreme Networks Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended June 30, 2015; Provides Earnings Guidance for the First Quarter Ending September 30, 2015

Extreme Networks Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended June 30, 2015. For the quarter, the company reported total net revenues of $149,870,000 compared to $155,293,000 a year ago. Operating loss was $13,447,000 compared to $13,439,000 a year ago. Loss before income taxes was $14,308,000 compared to $14,304,000 a year ago. Net loss was $15,657,000 or $0.16 per basic and diluted share compared to $16,231,000 or $0.17 per basic and diluted share a year ago. Non-GAAP operating income was $12,278,000 compared to $11,247,000 a year ago. Non-GAAP net income was $10,068,000 or $0.10 per diluted share compared to $8,455,000 or $0.09 per diluted share a year ago. Non-GAAP revenue was $150.6 million, up 25% compared to $120.4 million in third quarter and compares to $156.9 million in fourth quarter of last year. In the quarter, cash flow from operations was $3.9 million compared to cash flow used in operations of $8 million in third quarter and cash flow from operations of $3.8 million a year ago. For the quarter, the company reported PP&E CapEx spending was $1,594,000 compared to $4,988,000 a year ago. For the year, the company reported total net revenues of $552,940,000 compared to $519,554,000 a year ago. Operating loss was $62,994,000 compared to $50,232,000 a year ago. Loss before income taxes was $66,836,000 compared to $53,121,000 a year ago. Net loss was $71,643,000 or $0.72 per basic and diluted share compared to $57,310,000 or $0.60 per basic and diluted share a year ago. Net cash provided by operating activities was $37,423,000 compared to net cash used in operating activities of $26,843,000 a year ago. Capital expenditures were $7,205,000 compared to $22,373,000 a year ago. Purchases of intangible assets were $569,000 compared to $87,000 a year ago. Non-GAAP operating income was $14,524,000 compared to $36,538,000 a year ago. Non-GAAP net income was $5,875,000 or $0.06 per diluted share compared to $29,460,000 or $0.30 per diluted share a year ago. For first quarter ending September 30, 2015, the company is targeting GAAP revenue in a range of $119.6 million to $129.6 million with non-GAAP revenue in a range of $120 million to $130 million. GAAP gross margin is targeted between 49.5% and 51.0% and non-GAAP gross margin targeted between 54.0% and 55.0%. GAAP net loss is targeted to be between $10.5 million to $15.0 million, or $0.11 to $0.15 per share. Non-GAAP earnings are targeted in a range of a net income of $0.75 million to $5.0 million, or $0.01 to $0.05 per share. GAAP gross margin anticipated to be in the range of 49.5% to 51%. Operating expenses are expected to be in the range of $72.5 million to $75 million on a GAAP basis and $62.5 million to $65 million on a non-GAAP basis. Non-GAAP income expected to be in the range of $750,000 to $5 million or $0.01 per share to $0.05 per share. For the quarter, the company reported PP&E CapEx spending was $1,594,000 compared to $4,988,000 a year ago.

Baltimore Ravens Install High Density Wi-Fi at M&T Bank Stadium with Extreme Networks and PCM

Extreme Networks Inc. and PCM Inc. announced a strategic relationship with the Baltimore Ravens of the National Football League to implement Extreme Networks' Wi-Fi connectivity at M&T Bank Stadium. The project, which will be completed by the 2015 season kickoff, showcases the Ravens' efforts to provide a high density Wi-Fi network outfitted with Extreme Networks' end-to-end wireless solution. To support the new network, the Ravens will build a new main distribution frame (MDF) in the stadium and will deploy approximately 800 Extreme Networks' Wi-Fi Access Points (APs). The project includes a full wired, wireless and management software networking solution from Extreme Networks in the data center built by PCM. PCM designed the Wi-Fi coverage model, working alongside the Ravens and Extreme Networks, and will deploy the infrastructure technology components to the unique specification required for M&T Bank Stadium. As in other NFL venues, Extreme Networks and YinzCam have teamed together to provide a fully integrated Ravens mobile application. Extreme Networks and PCM will install a high-density Extreme Networks Wi-Fi solution to provide free Wi-Fi access to fans and guests visiting M&T Bank Stadium. The Baltimore Ravens' mobile application is available to download for video, news, photos, replays, multiple camera angles, NFL Red Zone, statistics, stadium guides and more. The Extreme Networks' Wi-Fi solution is designed to allow fans at M&T Bank Stadium, which has a seating capacity of over 71,000, the bandwidth to concurrently access and use multimedia applications without interruption. PCM's Sports & Entertainment Group is implementing the high-density wireless solution as well as all supporting cabling plant infrastructure and technology. The Extreme Networks solution will power a dedicated social hub and moderated social feed that will display relevant content from Instagram and Twitter.

Extreme Networks Inc. to Report Q4, 2015 Results on Aug 06, 2015

Extreme Networks Inc. announced that they will report Q4, 2015 results at 9:00 AM, Eastern Standard Time on Aug 06, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EXTR:US $3.00 USD +0.20

EXTR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bel Fuse Inc $14.87 USD -0.4699
Calix Inc $8.01 USD +0.25
QLogic Corp $10.34 USD +0.23
Quantum Corp $1.17 USD 0.00
Silicon Graphics International Corp $5.00 USD +0.11
View Industry Companies
 

Industry Analysis

EXTR

Industry Average

Valuation EXTR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 2.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EXTREME NETWORKS INC, please visit www.extremenetworks.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.