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Extreme Networks (EXTR)
NASDAQ:EXTR
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
0.23Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 30, 2025
|% Change Since: 15.54%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth, competitive wins, and innovation with Extreme Platform ONE, indicating strong business performance. However, concerns about potential tariff impacts and some regional revenue stagnation were mentioned. Overall, the positive aspects outweigh the negative, suggesting a strong position moving forward.Company Guidance
During the Extreme Networks Q3 FY 2025 earnings call, the company reported a revenue of $284.5 million, marking a 35% increase year-over-year, with strong performances in both EMEA and the Americas, particularly a 21% sequential growth in the latter. CEO Ed Meyercord highlighted robust demand for both wired and wireless network solutions, with 40 customers generating over $1 million in bookings, up from 36 last quarter, indicating success in larger enterprise deals. Competitive wins against major players like Cisco, HP, and Juniper were attributed to their Campus Fabric solution, leading to higher win rates across various verticals. The company also saw strong momentum in their subscription business, with SaaS annual recurring revenue reaching $184 million, a 13.4% year-over-year increase. CFO Kevin Rhodes noted that they achieved an earnings per share of $0.21, aligning with the prior quarter and exceeding the high end of their guidance range. For Q4, the revenue guidance was set between $295 million and $305 million, with gross margins expected to be in the range of 61.8% to 62.8%. The full fiscal year 2025 revenue is projected to be between $1.128 billion and $1.138 billion.Significant Revenue Growth
Revenue reached $284.5 million, representing a 35% increase year-over-year, with strong performance in EMEA (81% YoY growth) and Americas (19% YoY growth).
Record Product Bookings
Achieved the best quarter of product bookings in six quarters, with 40 customers generating over $1 million in bookings, up from 36 last quarter.
Strong Competitive Wins
Significant wins against major players like Cisco, HP, and Juniper in key accounts such as City of Everett, West London NHS Hospital, and the United Soccer League.
New Partner Additions
Added 11 new partners to the MSP program, bringing the total to 48, with the industry's first consumption-based billing model.
Innovation with Extreme Platform ONE
Early indications show Extreme Platform ONE will be a game changer with holistic AI for networking, gaining momentum in the market.
Strong Financial Performance
Achieved non-GAAP operating income of $40 million with a 14.1% operating margin and generated $30 million in operating cash flow.
EXTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EXTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2025 | $13.32 | $13.16 | -1.20% |
Jan 29, 2025 | $16.25 | $15.77 | -2.95% |
Oct 30, 2024 | $14.22 | $15.92 | +11.95% |
Aug 07, 2024 | $12.95 | $12.65 | -2.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Extreme Networks (EXTR) report earnings?
Extreme Networks (EXTR) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Extreme Networks (EXTR) earnings time?
Extreme Networks (EXTR) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXTR EPS forecast?
EXTR EPS forecast for the fiscal quarter 2025 (Q4) is 0.23.
