Extreme Networks sees FY25 revenue $1.13B-$1.14B, consensus $1.13B

Kevin Rhodes, executive VP and CFO, stated, “Our team’s strong execution drove continued sequential revenue growth in the third quarter. The resulting operating leverage led to another quarter of strong earnings and cash flow. We are seeing accelerated growth in our funnel and higher conversion rates, which give us confidence for the fourth quarter, driving year-over-year topline growth for the fiscal year. We expect earnings and cash flow growth based on our higher revenue outlook and prudent expense management.”