Extreme Networks Company Profile (NASDAQ:EXTR)

About Extreme Networks

Extreme Networks logoExtreme Networks, Inc. is a provider of network infrastructure equipment. The Company markets its products to business, governmental, healthcare, service provider and educational customers with a focus on corporate enterprises and metropolitan service providers on a global basis. The Company operates through the development and marketing of network infrastructure equipment segment. The Company's products include ExtremeWireless, ExtremeSwitching, ExtremeControl, ExtremeManagement, ExtremeCloud, ExtremeAnalytics and ExtremeSecurity. The Company offers solutions in categories, which includes industry solutions, technology solutions and managed services solutions. The Company operates in three geographical areas: Americas, which includes the United States, Canada, Mexico, Central America and South America; EMEA, which includes Europe, Russia, Middle East and Africa, and APAC, which includes Asia Pacific, South Asia, India, Australia and Japan.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Networking & Communication Devices
  • Sub-Industry: Communications Equipment
  • Exchange: NASDAQ
  • Symbol: EXTR
  • CUSIP: 30226D10
Key Metrics:
  • Previous Close: $6.22
  • 50 Day Moving Average: $5.64
  • 200 Day Moving Average: $4.70
  • 52-Week Range: $2.76 - $6.52
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.63
  • P/E Growth: 0.76
  • Market Cap: $696.61M
  • Outstanding Shares: 108,170,000
  • Beta: 1.1
Profitability:
  • Net Margins: -5.27%
  • Return on Equity: 22.92%
  • Return on Assets: 5.26%
Debt:
  • Debt-to-Equity Ratio: 1.02%
  • Current Ratio: 1.19%
  • Quick Ratio: 0.99%
Additional Links:
Companies Related to Extreme Networks:

Analyst Ratings

Consensus Ratings for Extreme Networks (NASDAQ:EXTR) (?)
Ratings Breakdown: 1 Hold Rating, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $5.44 (15.57% downside)

Analysts' Ratings History for Extreme Networks (NASDAQ:EXTR)
Show:
DateFirmActionRatingPrice TargetDetails
1/17/2017Needham & Company LLCReiterated RatingBuy$4.75 -> $6.25View Rating Details
9/15/2016Buckingham ResearchBoost Price TargetNeutral$4.00 -> $4.50View Rating Details
9/15/2016DA DavidsonUpgradeNeutral -> Buy$5.00View Rating Details
9/15/2016WunderlichBoost Price TargetBuy$5.00 -> $6.00View Rating Details
10/30/2015Craig HallumBoost Price TargetBuy$5.50View Rating Details
3/20/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Extreme Networks (NASDAQ:EXTR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
2/1/2017Q217$0.07$0.12$152.30 million$148.10 millionViewListenView Earnings Details
11/1/2016Q117$0.06$0.07$126.06 million$122.60 millionViewN/AView Earnings Details
8/3/2016Q416$0.10$0.10$141.89 million$140.00 millionViewN/AView Earnings Details
4/27/2016Q316$0.02$0.03$123.02 million$125.30 millionViewListenView Earnings Details
1/28/2016Q216$0.09$0.09$134.77 million$139.30 millionViewListenView Earnings Details
10/29/2015Q116$0.03$0.07$125.34 million$125.00 millionViewListenView Earnings Details
8/6/2015Q415($0.03)$0.10$127.50 million$149.90 millionViewListenView Earnings Details
5/6/2015Q315($0.07)($0.08)$118.70 million$120.40 millionViewN/AView Earnings Details
1/28/2015Q215$0.04$0.05$144.30 million$147.20 millionViewN/AView Earnings Details
10/28/2014Q115($0.01)($0.01)$138.40 million$136.30 millionViewN/AView Earnings Details
8/14/2014Q414$0.07$0.09$154.52 million$155.30 millionViewListenView Earnings Details
5/6/2014Q314$0.02$0.02$145.83 million$141.80 millionViewListenView Earnings Details
2/4/2014Q214$0.15$0.14$151.64 million$146.60 millionViewN/AView Earnings Details
11/4/2013Q114$0.04$0.06$74.17 million$75.90 millionViewN/AView Earnings Details
7/30/2013Q4 2013$0.06$0.07$74.61 million$79.50 millionViewN/AView Earnings Details
4/30/2013Q3 2013$0.06$0.04$71.92 million$68.20 millionViewN/AView Earnings Details
1/30/2013Q2 2013$0.03$0.03$75.81 million$75.60 millionViewN/AView Earnings Details
10/31/2012Q113$0.03$0.04$78.59 million$76.10 millionViewN/AView Earnings Details
8/1/2012$0.08$0.08ViewN/AView Earnings Details
5/2/2012$0.04$0.04ViewN/AView Earnings Details
2/2/2012$0.07$0.06ViewN/AView Earnings Details
11/2/2011$0.03$0.05ViewN/AView Earnings Details
8/1/2011$0.02$0.02ViewN/AView Earnings Details
4/28/2011$0.02($0.05)ViewN/AView Earnings Details
1/31/2011$0.07$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Extreme Networks (NASDAQ:EXTR)
Current Year EPS Consensus Estimate: $0.41 EPS
Next Year EPS Consensus Estimate: $0.51 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.03$0.03$0.03
Q2 20172$0.03$0.07$0.05
Q3 20172$0.03$0.04$0.04
Q4 20172$0.07$0.09$0.08
Q1 20181$0.07$0.07$0.07
Q2 20181$0.12$0.12$0.12
Q3 20181$0.05$0.05$0.05
Q4 20181$0.14$0.14$0.14
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Extreme Networks (NASDAQ:EXTR)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Extreme Networks (NASDAQ:EXTR)
Insider Ownership Percentage: 1.91%
Institutional Ownership Percentage: 79.23%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/15/2016Edward MeyercordInsiderSell65,000$5.00$325,000.00View SEC Filing  
12/13/2016John H KispertDirectorSell15,000$5.00$75,000.00View SEC Filing  
11/22/2016Charles CarinalliDirectorSell31,536$4.48$141,281.28View SEC Filing  
10/24/2016Edward MeyercordInsiderSell25,000$4.12$103,000.00View SEC Filing  
9/15/2016John C ShoemakerDirectorSell15,000$4.25$63,750.00View SEC Filing  
8/8/2016John H KispertDirectorSell15,000$4.00$60,000.00View SEC Filing  
8/2/2016John H KispertDirectorSell25,000$3.80$95,000.00View SEC Filing  
1/27/2016Eric BroockmanEVPSell3,967$3.61$14,320.87View SEC Filing  
1/21/2016Eric BroockmanEVPSell3,165$3.48$11,014.20View SEC Filing  
1/21/2016Kenneth ArolaCFOSell5,491$3.48$19,108.68View SEC Filing  
9/11/2015Allison AmadiaEVPSell11,423$3.34$38,152.82View SEC Filing  
8/31/2015Edward H KennedyDirectorBuy20,000$2.94$58,800.00View SEC Filing  
8/28/2015Edward MeyercordCEOBuy60,000$2.82$169,200.00View SEC Filing  
8/27/2015Frank BlohmEVPSell15,605$2.80$43,694.00View SEC Filing  
8/18/2015Kelley Steven-WaissEVPBuy20,000$3.00$60,000.00View SEC Filing  
8/17/2015Frank BlohmEVPSell30,181$2.80$84,506.80View SEC Filing  
2/24/2015Edward MeyercordDirectorSell30,000$3.49$104,700.00View SEC Filing  
2/9/2015Frank BlohmEVPSell1,400$3.22$4,508.00View SEC Filing  
11/25/2014Charles CarinalliDirectorSell30,000$3.58$107,400.00View SEC Filing  
8/29/2014Charles W BergerCEOBuy10,000$5.33$53,300.00View SEC Filing  
8/21/2014Frank BlohmSVPSell6,000$5.24$31,440.00View SEC Filing  
8/19/2014Allison AmadiaGeneral CounselSell4,800$5.25$25,200.00View SEC Filing  
5/16/2014Maury AustinDirectorBuy25,000$4.00$100,000.00View SEC Filing  
5/15/2014John KurtzweilCFOBuy10,000$3.84$38,400.00View SEC Filing  
12/2/2013Edward KennedyDirectorBuy8,000$6.98$55,840.00View SEC Filing  
11/20/2013Maury AustinDirectorBuy15,000$6.39$95,850.00View SEC Filing  
10/1/2012Edward TerinoDirectorBuy100,000$3.38$338,000.00View SEC Filing  
8/29/2012John T KurtzweilVPBuy10,000$3.47$34,700.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Extreme Networks (NASDAQ:EXTR)
DateHeadline
News IconResearch delivers insight into the global data center networking market (NASDAQ:EXTR)
www.whatech.com - February 25 at 3:05 AM
News IconExtreme Networks, Inc. (NASD:EXTR) Builds On Super Bowl Success - StockNewsUnion (NASDAQ:EXTR)
stocknewsunion.com - February 24 at 6:22 PM
4-traders.com logoExtreme : and PCM Elevate the Wi-Fi Experience for World Champion Chicago Cubs Players, Coaches and Fans as Part of The 1060 Project at... (NASDAQ:EXTR)
www.4-traders.com - February 24 at 11:27 AM
prnewswire.com logoEufaula City Schools Transforms into Technology Hub with Extreme ... - PR Newswire (press release) (NASDAQ:EXTR)
www.prnewswire.com - February 23 at 10:08 PM
News IconEufaula City Schools Transforms into Technology Hub with Extreme ... - Broadway World (NASDAQ:EXTR)
www.broadwayworld.com - February 23 at 5:07 PM
finance.yahoo.com logoEufaula City Schools Transforms into Technology Hub with Extreme Networks (NASDAQ:EXTR)
finance.yahoo.com - February 23 at 5:07 PM
News IconFiscal Year Earnings Estimate on Extreme Networks, Inc.(EXTR) - Money Flow Index & Trends (NASDAQ:EXTR)
www.moneyflowtrends.com - February 23 at 3:27 AM
marketexclusive.com logoEXTREME NETWORKS, INC. (NASDAQ:EXTR) Files An 8-K Departure of Directors or Certain Officers; Election of ... - Market Exclusive (NASDAQ:EXTR)
marketexclusive.com - February 22 at 10:27 PM
News IconRouters Market Size, Analysis, Trends, Report, Share, Investment Opportunities and Forecast To 2022 (NASDAQ:EXTR)
www.usfinancialnewstoday.com - February 22 at 5:24 PM
News IconGlobal Deep Packet Inspection (DPI) Market is Expected to Grow at a Highest CAGR of 19.5% by 2022 (NASDAQ:EXTR)
www.satprnews.com - February 22 at 9:11 AM
News IconSuper Bowl Shock: How This Small-Cap Stole the Show (NASDAQ:EXTR)
www.wallstreetdaily.com - February 22 at 9:11 AM
News IconSystem to replace error-prone compliance process in healthcare introduced by Extreme Networks (NASDAQ:EXTR)
www.news-medical.net - February 22 at 9:11 AM
biz.yahoo.com logoEXTREME NETWORKS INC Files SEC form 8-K, Change in Directors or Principal Officers (NASDAQ:EXTR)
biz.yahoo.com - February 22 at 9:11 AM
4-traders.com logoExtreme : Introduces "Information Governance Engine" Compliance Solution (NASDAQ:EXTR)
www.4-traders.com - February 20 at 4:44 PM
prnewswire.com logoExtreme Networks Introduces "Information Governance Engine" Compliance Solution - PR Newswire (press release) (NASDAQ:EXTR)
www.prnewswire.com - February 20 at 11:17 AM
finance.yahoo.com logoExtreme Networks Introduces "Information Governance Engine" Compliance Solution (NASDAQ:EXTR)
finance.yahoo.com - February 20 at 11:17 AM
4-traders.com logoExtreme : Announces John Shoemaker as Chairman of the Board of Directors (NASDAQ:EXTR)
www.4-traders.com - February 18 at 4:46 PM
News IconChicago Cubs: Wi-Fi is coming to Wrigley, but still a year away (NASDAQ:EXTR)
cubbiescrib.com - February 18 at 4:46 PM
prnewswire.com logoExtreme Networks Announces John Shoemaker as Chairman of the ... - PR Newswire (press release) (NASDAQ:EXTR)
www.prnewswire.com - February 18 at 7:49 AM
finance.yahoo.com logoExtreme Networks Announces John Shoemaker as Chairman of the Board of Directors (NASDAQ:EXTR)
finance.yahoo.com - February 18 at 7:49 AM
finance.yahoo.com logo4:34 pm Extreme Networks appoints John Shoemaker as chairman of the board of directors, effective today (NASDAQ:EXTR)
finance.yahoo.com - February 18 at 7:49 AM
seekingalpha.com logoShoemaker named new chairman at Extreme Networks (NASDAQ:EXTR)
seekingalpha.com - February 17 at 7:11 PM
News IconThe Charts For Extreme Networks, Inc. (EXTR) Is Speaking Volumes Today - NY Stock News (NASDAQ:EXTR)
nystocknews.com - February 17 at 3:29 PM
bizjournals.com logoCubs fans to get much better Wrigley Field Wi-Fi (eventually) (NASDAQ:EXTR)
www.bizjournals.com - February 16 at 5:04 PM
prnewswire.com logoExtreme Networks and PCM Elevate the Wi-Fi Experience for World ... - PR Newswire (press release) (NASDAQ:EXTR)
www.prnewswire.com - February 14 at 11:06 PM
finance.yahoo.com logoExtreme Networks and PCM Elevate the Wi-Fi Experience for World Champion Chicago Cubs Players, Coaches and Fans as Part of The 1060 Project at Wrigley Field (NASDAQ:EXTR)
finance.yahoo.com - February 14 at 6:05 PM
realistinvestor.com logoExtreme Networks, Inc. (NASDAQ:EXTR) EPS Projection At $0.14 - RealistInvestor.com (NASDAQ:EXTR)
www.realistinvestor.com - February 14 at 3:57 AM
News IconSuper Bowl LI the ‘Most Connected’ of all time (NASDAQ:EXTR)
futuresport.co - February 10 at 5:40 PM
streetinsider.com logoForm SC 13G/A EXTREME NETWORKS INC Filed by: AMERIPRISE FINANCIAL INC (NASDAQ:EXTR)
www.streetinsider.com - February 10 at 5:40 PM
prnewswire.com logoExtreme Networks Honors Chelmsford Public Schools for Dedication to Personalized Digital Learning - PR Newswire (press release) (NASDAQ:EXTR)
www.prnewswire.com - February 10 at 5:40 PM
law360.com logoExtreme Networks Urges Judge To End Shareholder Suit - Law360 (subscription) (NASDAQ:EXTR)
www.law360.com - February 10 at 5:40 PM
einnews.com logoRouters Market by Covered Type (Ethernet Access,Wireless Routers), Applications and Technologies - Global Forecasts 2022 (NASDAQ:EXTR)
www.einnews.com - February 10 at 3:45 AM
law360.com logoExtreme Networks Urges Judge To End Shareholder Suit (NASDAQ:EXTR)
www.law360.com - February 9 at 10:45 PM
finance.yahoo.com logoExtreme Networks Honors Chelmsford Public Schools for Dedication to Personalized Digital Learning (NASDAQ:EXTR)
finance.yahoo.com - February 9 at 5:44 PM
finance.yahoo.com logoThe NFL's Super Bowl LI is the "Most Connected" Event in Digital History (NASDAQ:EXTR)
finance.yahoo.com - February 9 at 5:44 PM
finance.yahoo.com logoEXTREME NETWORKS INC Financials (NASDAQ:EXTR)
finance.yahoo.com - February 8 at 5:40 PM
News IconFrontier Communications (NASDAQ:FTR)- Most Active Trio on Investment Estimation: Extreme Networks (NASDAQ ... - Street Wise Report (press release) (blog) (NASDAQ:EXTR)
streetwisereport.com - February 7 at 6:18 PM
capitalcube.com logoExtreme Networks, Inc. :EXTR-US: Earnings Analysis: Q2, 2017 By the Numbers : February 7, 2017 (NASDAQ:EXTR)
www.capitalcube.com - February 7 at 6:18 PM
News IconRouters Global Market Research Methodology, Research Scope Forecast 2022 (NASDAQ:EXTR)
empowerednews.net - February 7 at 3:11 AM
News IconHeckler Design Names Jenne, Inc. as its U.S. Distribution Partner for its Line of Visual Communications Products (NASDAQ:EXTR)
www.cbs58.com - February 6 at 10:10 PM
News IconWhat do Analysts suggest for: Extreme Networks Inc. (NASDAQ:EXTR) (NASDAQ:EXTR)
mundoaguaysaneamiento.net - February 4 at 10:15 PM
News IconExtreme Networks, Inc. (NASDAQ:EXTR) showed monthly volitility of 2.90% - The Newburgh Press (NASDAQ:EXTR)
newburghpress.com - February 3 at 10:32 PM
News IconExtreme Networks Inc (EXTR) Releases Earnings Results, Beats Expectations By $0.05 EPS - Highland Mirror (NASDAQ:EXTR)
www.highlandmirror.com - February 3 at 10:32 PM
prnewswire.com logoExtreme Networks Reports Second Quarter Fiscal Year 2017 Financial Results - PR Newswire (press release) (NASDAQ:EXTR)
www.prnewswire.com - February 2 at 10:42 PM
finance.yahoo.com logoWith 99 Percent Success Rate, 2.5GBASE-T and 5GBASE-T Ethernet Plugfest Shows Technology is Ready for Primetime (NASDAQ:EXTR)
finance.yahoo.com - February 2 at 5:41 PM
News IconCan Extreme Networks, Inc (EXTR)’s Tomorrow be Different? The Stock Just Broke Its High (NASDAQ:EXTR)
randolphguide.com - February 2 at 5:41 PM
finance.yahoo.com logoEdited Transcript of EXTR earnings conference call or presentation 1-Feb-17 9:30pm GMT (NASDAQ:EXTR)
finance.yahoo.com - February 2 at 5:40 PM
capitalcube.com logoETFs with exposure to Extreme Networks, Inc. : February 2, 2017 (NASDAQ:EXTR)
www.capitalcube.com - February 2 at 5:40 PM
seekingalpha.com logoExtreme Networks, Inc. 2017 Q2 - Results - Earnings Call Slides (NASDAQ:EXTR)
seekingalpha.com - February 1 at 10:47 PM
us.rd.yahoo.com logo4:15 pm Extreme Networks beats by $0.05, misses on revs; guides Q3 EPS above consensus, revs in-line (NASDAQ:EXTR)
us.rd.yahoo.com - February 1 at 10:47 PM

Social

What is Extreme Networks' stock symbol?

Extreme Networks trades on the NASDAQ under the ticker symbol "EXTR."

Where is Extreme Networks' stock going? Where will Extreme Networks' stock price be in 2017?

4 brokers have issued 12 month price targets for Extreme Networks' stock. Their predictions range from $4.50 to $6.25. On average, they expect Extreme Networks' stock price to reach $5.44 in the next twelve months.

When will Extreme Networks announce their earnings?

Extreme Networks is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns Extreme Networks stock?

Extreme Networks' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Hotchkis & Wiley Capital Management LLC (5.98%), Renaissance Technologies LLC (4.30%), Arbiter Partners Capital Management LLC (3.40%), Dimensional Fund Advisors LP (1.88%), State Street Corp (1.76%) and RK Capital Management LLC (1.26%). Company insiders that own Extreme Networks stock include Allison Amadia, Charles Carinalli, Edward H Kennedy, Edward Meyercord, Eric Broockman, Frank Blohm, John C Shoemaker, John H Kispert, Kelley Steven-Waiss and Kenneth Arola.

Who sold Extreme Networks stock? Who is selling Extreme Networks stock?

Extreme Networks' stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Soros Fund Management LLC, Cadence Capital Management LLC, Teton Advisors Inc., Oxford Asset Management, Federated Investors Inc. PA, AQR Capital Management LLC and Hotchkis & Wiley Capital Management LLC. Company insiders that have sold Extreme Networks stock in the last year include Charles Carinalli, Edward Meyercord, John C Shoemaker and John H Kispert.

Who bought Extreme Networks stock? Who is buying Extreme Networks stock?

Extreme Networks' stock was bought by a variety of institutional investors in the last quarter, including RK Capital Management LLC, Numeric Investors LLC, Menta Capital LLC, Two Sigma Investments LP, Bogle Investment Management L P DE, Russell Investments Group Ltd., Dimensional Fund Advisors LP and State Street Corp. Company insiders that have bought Extreme Networks stock in the last two years include Edward H Kennedy, Edward Meyercord and Kelley Steven-Waiss.

How do I buy Extreme Networks stock?

Shares of Extreme Networks can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Extreme Networks stock cost?

One share of Extreme Networks stock can currently be purchased for approximately $6.44.

Extreme Networks (NASDAQ:EXTR) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Extreme Networks (NASDAQ:EXTR)

Earnings History Chart

Earnings by Quarter for Extreme Networks (NASDAQ:EXTR)

Dividend History Chart

Dividend Payments by Quarter for Extreme Networks (NASDAQ:EXTR)

Last Updated on 2/25/2017 by MarketBeat.com Staff