Extreme Networks sees FY26 EPS 98c-$1.02, consensus $1.01

Sees FY26 revenue $1.26B-$1.27B, consensus $1.26B. Sees FY26 gross margin 61.1%-61.7%. Sees FY26 operating margin 14.3%-14.8%. Kevin Rhodes, executive VP and CFO stated, “Second quarter results exceeded our expectations for revenue and profitability. Our results highlight the leverage in our business model, where earnings growth exceeds revenue growth by 10 percentage points. We’re executing well on our strategy, while navigating the current supply chain environment. We are raising our revenue outlook for fiscal ’26 and continue to focus on increasing profitability.”