Extreme Networks reports Q4 EPS 25c, consensus 22c

Reports Q4 revenue $307M, consensus $299.52M. “We closed the fourth quarter with significant momentum, driven by sharp execution and growing demand for our solutions and services,” said Ed Meyercord, President and CEO of Extreme. “Five consecutive quarters of revenue growth and ARR jumping 24 percent year-over-year are clear indicators that our subscription model is gaining traction. Increased customer engagement in EMEA and APAC underscores our global momentum, highlighted by sizeable wins this quarter.”