Extreme Networks Expects Q4 Revenue of $250.0M-$260.0M Vs $271.21M Est, Adj EPS of $0.11-$0.15 Vs $0.15 Est

-2.45%

Extreme Networks, Inc.

EXTR

16.91

-2.45%

Business Outlook:

Extreme's business outlook is based on current expectations. The following statements are forward-looking, and actual results could differ materially based on various factors, including market conditions and the factors set forth under "Forward-Looking Statements" below.

For its fourth quarter and full year of fiscal 2024, ending June 30, 2024, the Company is targeting:

(in millions, except percentages and per share information)	GAAP	Non-GAAP
FQ4'24 Guidance
Total net revenue	$250.0 - $260.0	$250.0 - $260.0
Gross margin	60.9% - 62.9%	61.6% - 63.6%
Operating margin	(3.8%) - (0.9%)	9.0% - 11.5%
Earnings per diluted share	($0.11) - ($0.05)	$0.11 - $0.15
Shares outstanding used in calculating diluted EPS	130.1	131.1

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.