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  • News bot April 29, 2026, 11:14 a.m.

    📋 EXTREME NETWORKS INC (EXTR) - Financial Results

    Filing Date: 2026-04-29

    Accepted: 2026-04-29 07:14:06

    Event Type: Financial Results

    Event Details:

    EXTREME NETWORKS INC (EXTR) Reports the reporting period Financial Results EXTREME NETWORKS INC (EXTR) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 1478
    • Net Income: 42809
    • EPS: 1.02
    • Cash and equivalents: 210113
      • targeting: (in millions, except percentages and per share information) Low-End High-End FY'26 Guidance Total net revenue $ 1,275.0 $ 1,280.0 Gross margin 61.2 % 61.3 % Operating margin 4.8 % 5.1 % Earnings per share $ 0.30 $ 0.33 Diluted shares outstanding used in calculating GAAP EPS 133.9 133.9 FY'26 Guidance – Non-GAAP Total net revenue $ 1,275.0 $ 1,280.0 Gross margin 61.8 % 61.9 % Operating margin 14.7 % 14.9 % Earnings per share $ 1.02 $ 1.04 Diluted shares outstanding used in calculating non-GAAP EPS 133.9 133.9 The following table shows the GAAP to non-GAAP reconciliation for FY'26 guidance: FY'26 Gross Margin Operating Margin Earnings per Share GAAP 61.2% - 61.3% 4.8% - 5.1% $0.30 - $0.33 Estimated adjustments for: Share-based compensation 0.5% 7.1% - 7.2% 0.67 Amortization of product intangibles 0.1% 0.1% 0.01 Amortization of non-product intangibles — 0.1% 0.01 Other non-recurring costs — 0.3% 0.03 Litigation charges — 0.5% 0.05 System transition costs — 1.7% 0.16 Tax adjustment — — (0.22) - (0.21) Non-GAAP 61.8% - 61.9% 14.7% - 14.9% $1.02 - $1.04 The total percentage rate changes may not equal the total change in all cases due to rounding. Conference Call:Extreme will host a conference call at 8:00 a.m. Eastern (5:00 a.m. Pacific) today to review the third quarter results of fiscal 2026
      • anticipated in this press release, and the Company’s financial condition and results of operations could be materially adversely affected. Except as required under the U.S. federal securities laws and the rules and regulations of the Securities and Exchange Commission, Extreme disclaims any obligation to update any forward-looking statements after the date of this release, whether as a result of new information, future events, developments, changes in assumptions or otherwise. ### EXTREME NETWORKS, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands, except per share amounts)(Unaudited) March 31, 2026
      • targeting: (in millions, except percentages and per share information) Low-End High-End FQ4'26 Guidance – GAAP Total net revenue $ 330.0 $ 335.0 Gross margin 61.2 % 61.6 % Operating margin 6.1 % 7.1 % Earnings per share $ 0.12 $ 0.15 Diluted shares outstanding used in calculating GAAP EPS 131.8 131.8 FQ4'26 Guidance – Non-GAAP Total net revenue $ 330.0 $ 335.0 Gross margin 61.8 % 62.2 % Operating margin 15.2 % 16.1 % Earnings per share $ 0.28 $ 0.30 Diluted shares outstanding used in calculating non-GAAP EPS 131.8 131.8 The following table shows the GAAP to non-GAAP reconciliation for Q4 FY'26 guidance: FQ4'26 Gross Margin Operating Margin Earnings per Share GAAP 61.2% - 61.6% 6.1% - 7.1% $0.12 - $0.15 Estimated adjustments for: Share-based compensation 0.5% 7.0% - 7.1% 0.18 Amortization of product intangibles 0.1% 0.1% 0.00 Amortization of non-product intangibles — 0.1% 0.00 Litigation charges — 0.9% 0.02 System transition costs — 0.9% 0.02 Tax adjustment — — (0.07) - (0.06) Non-GAAP 61.8% - 62.2% 15.2% - 16.1% $0.28 - $0.30 The total percentage rate changes may not equal the total change in all cases due to rounding. For the full year fiscal 2026

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Current Assets Prepaid Expenses Other Current Assets 92.34K 74.27K $18.08K +24.35%
    Current Assets Property Equipment Net 53.54K 44.37K $9.18K +20.69%
    Current Assets Operating Lease Right Of Use Assets 32.51K 38.66K $-6.15K -15.90%
    Current Assets Intangible Assets Net 3.84K 6.54K $-2.70K -41.29%
    Current Assets Other Assets 140.16K 128.79K $11.37K +8.83%
    Current Liabilities Accounts Payable 81.16K 63.94K $17.22K +26.93%
    Current Liabilities Other Long Term Liabilities 2.58K 2.60K $-17.00 -0.65%
    Operating Expenses Interest Income 972.00 3.31K $-2.34K -70.65%
    Operating Expenses Interest Expense 3.80K 10.26K $-6.46K -63.00%
    Changes In Operating Assets And Liabilities Prepaid Expenses Other Current Assets 38.49K 20.33K $18.16K +89.31%
    Changes In Operating Assets And Liabilities Accounts Payable 16.39K 3.98K $12.41K +311.55%
    Changes In Operating Assets And Liabilities Operating Lease Liabilities 8.53K 8.06K $472.00 +5.86%
    Debt Refinancing Charges Interest Income 972.00 3.31K $-2.34K -70.65%
    Debt Refinancing Charges Interest Expense 3.80K 10.26K $-6.46K -63.00%
    Prepaid Expenses and Other Current Assets 74.27K 92.34K $-18.08K -19.58%
    Property and Equipment, Net 44.37K 53.54K $-9.18K -17.14%
    Intangible Assets, Net 6.54K 3.84K $2.70K +70.34%
    Other Assets 128.79K 140.16K $-11.37K -8.11%
    Accounts Payable 63.94K 81.16K $-17.22K -21.22%
    Revenue 325.08K 334.60K $-9.52K -2.85%
    Operating Lease Liabilities 11.46K 12.28K $-819.00 -6.67%
    Accrued Liabilities 100.55K 58.36K $42.20K +72.31%
    Interest Income 972.00 3.31K $-2.34K -70.65%
    Interest Expense 3.80K 10.26K $-6.46K -63.00%

    💼 Business Developments:

    • Partnership: Not available
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval: Not available
    • Executive Changes: Not available

    Structured Data:

    • Company Name: EXTREME NETWORKS INC
    • Ticker Symbol: EXTR