Extreme Networks, Inc. provides software-driven networking solutions for enterprise customers worldwide. It designs, develops, and manufactures wired and wireless network infrastructure equipment; and develops the software for network management, policy, analytics, security, and access controls. The company offers edge/access Ethernet switching systems that deliver Ethernet connectivity for edge of the network; aggregation/core Ethernet switching systems for aggregation, top-of-rack, and campus core environments; data center switching systems for enterprises and cloud data centers; and wireless access point products, as well as distributed Wi-Fi networks. It also provides ExtremeControl, a network access control solution that allows the enterprises to unify the security of their wired and wireless networks with visibility and control over users, devices, and applications; and ExtremeAnalytics, a network-powered application analytics and optimization solution, which captures, aggregates, analyzes, correlates, and reports network data that enables in decision making and enhancing business performance. In addition, the company offers ExtremeGuest and ExtremeLocation, which are cloud services that enable enterprises to incorporate location-based services; and ExtremeCloud, a wired and wireless cloud network management solution, which offers visibility and control over users and applications. It markets and sells its products through distributors, resellers, and field sales organizations. The company serves enterprises and organizations in education, healthcare, manufacturing, hospitality, transportation, and logistics, as well as government agencies, private cloud data centers, and universities. Extreme Networks, Inc. was founded in 1996 and is headquartered in San Jose, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Computer & office equipment
Sub-IndustryCommunications Equipment
SectorComputer and Technology
SymbolNASDAQ:EXTR
CUSIP30226D10
Phone408-579-2800
Debt
Debt-to-Equity Ratio1.67
Current Ratio1.19
Quick Ratio1.01
Price-To-Earnings
Trailing P/E Ratio11.30
Forward P/E Ratio13.81
P/E Growth0.99
Sales & Book Value
Annual Sales$983.14 million
Price / Sales0.60
Cash Flow$0.8704 per share
Price / Cash5.71
Book Value$0.97 per share
Price / Book5.12
Profitability
EPS (Most Recent Fiscal Year)$0.44
Net Income$-46,790,000.00
Net Margins-4.76%
Return on Equity43.70%
Return on Assets7.29%
Miscellaneous
Employees2,713
Outstanding Shares118,320,000
Market Cap$588.05 million
Extreme Networks (NASDAQ:EXTR) Frequently Asked Questions
What is Extreme Networks' stock symbol?
Extreme Networks trades on the NASDAQ under the ticker symbol "EXTR."
How were Extreme Networks' earnings last quarter?
Extreme Networks, Inc (NASDAQ:EXTR) issued its quarterly earnings results on Wednesday, August, 8th. The technology company reported $0.20 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.01. The technology company earned $278.30 million during the quarter, compared to analysts' expectations of $279.22 million. Extreme Networks had a negative net margin of 4.76% and a positive return on equity of 43.70%. The firm's revenue was up 55.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.17 EPS. View Extreme Networks' Earnings History.
When is Extreme Networks' next earnings date?
How can I listen to Extreme Networks' earnings call?
Extreme Networks will be holding an earnings conference call on Friday, November 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773039826.
What guidance has Extreme Networks issued on next quarter's earnings?
Extreme Networks updated its first quarter earnings guidance on Wednesday, August, 8th. The company provided EPS guidance of $0.00-0.07 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.21. The company issued revenue guidance of $230-240 million, compared to the consensus revenue estimate of $268.74 million.
What price target have analysts set for EXTR?
5 equities research analysts have issued twelve-month target prices for Extreme Networks' stock. Their forecasts range from $6.50 to $17.00. On average, they anticipate Extreme Networks' stock price to reach $12.20 in the next twelve months. This suggests a possible upside of 145.5% from the stock's current price. View Analyst Price Targets for Extreme Networks.
What is the consensus analysts' recommendation for Extreme Networks?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Extreme Networks in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Extreme Networks.
Who are some of Extreme Networks' key competitors?
Some companies that are related to Extreme Networks include Electronics For Imaging (EFII), A10 Networks (ATEN), Digi International (DGII), Silicom (SILC), Allot Communications (ALLT), Lantronix (LTRX), Xplore Technologies (XPLR), Echelon (ELON), Intrusion (INTZ), BIO-key International (BKYI), Black Box (BBOX), BOS Better OnLine Sol (BOSC), Interphase (INPHQ), eRoomSystem Technologies (ERMS) and COPsync (COYNQ).
Who are Extreme Networks' key executives?
Extreme Networks' management team includes the folowing people:
- Mr. Edward B. Meyercord III, Pres, CEO & Exec. Director (Age 53)
- Mr. Robert J. Gault, Chief Revenue & Services Officer (Age 55)
- Mr. Eric Broockman, Chief Technology & Engineering Officer (Age 63)
- Ms. Katayoun Motiey, Chief Admin. Officer
- Stan Kovler, Sr. Director of Investor Relations & Fin.
Who are Extreme Networks' major shareholders?
Extreme Networks' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (1.35%), NJ State Employees Deferred Compensation Plan (0.09%) and Mesirow Financial Investment Management Inc. (0.03%). Company insiders that own Extreme Networks stock include Charles Carinalli, Edward H Kennedy, Edward Meyercord, John C Shoemaker, John H Kispert, Kathleen M Holmgren and Raj Khanna. View Institutional Ownership Trends for Extreme Networks.
Which major investors are selling Extreme Networks stock?
EXTR stock was sold by a variety of institutional investors in the last quarter, including Mesirow Financial Investment Management Inc.. Company insiders that have sold Extreme Networks company stock in the last year include Charles Carinalli and Raj Khanna. View Insider Buying and Selling for Extreme Networks.
Which major investors are buying Extreme Networks stock?
EXTR stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D and NJ State Employees Deferred Compensation Plan. Company insiders that have bought Extreme Networks stock in the last two years include Edward H Kennedy, Edward Meyercord, John C Shoemaker, Kathleen M Holmgren and Raj Khanna. View Insider Buying and Selling for Extreme Networks.
How do I buy shares of Extreme Networks?
Shares of EXTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Extreme Networks' stock price today?
One share of EXTR stock can currently be purchased for approximately $4.97.
How big of a company is Extreme Networks?
Extreme Networks has a market capitalization of $588.05 million and generates $983.14 million in revenue each year. The technology company earns $-46,790,000.00 in net income (profit) each year or $0.44 on an earnings per share basis. Extreme Networks employs 2,713 workers across the globe.
What is Extreme Networks' official website?
How can I contact Extreme Networks?
Extreme Networks' mailing address is 6480 VIA DEL ORO, SAN JOSE CA, 95119. The technology company can be reached via phone at 408-579-2800 or via email at investor_relations@extremenetworks.com.
MarketBeat Community Rating for Extreme Networks (NASDAQ EXTR)
MarketBeat's community ratings are surveys of what our community members think about Extreme Networks and other stocks. Vote "Outperform" if you believe EXTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EXTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
