Extreme Networks, Inc. Provides Earning Guidance for the Fourth Quarter and Full Year Ending June 30, 2024
May 01, 2024 at 07:05 am
Share
Extreme Networks, Inc. provided earning guidance for the fourth quarter and full year ending June 30, 2024. For the quarter, the company expects GAAP Total net revenue to be $250 million to $260 million and loss per diluted share of $0.11 to $0.05.
For the full year, the company expects GAAP Total net revenue to be $1,110.5 million to $1,120.5million and loss per diluted share of $0.35 to $0.30.
Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined area-network (SD- WAN) infrastructure equipment. The Company's cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It offers its services in business, hospitality, retail, transportation and logistics, education, government, healthcare, manufacturing, and service providers. Its cloud networking technologies provide flexibility and scalability in deployment, management, and licensing of networks globally.