Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2021
January 27, 2021 at 09:35 pm
Share
Extreme Networks, Inc. provided earnings guidance for the third quarter Ending March 31, 2021. For the quarter, the company expects Total Net Revenue from $240 million to $250 million. Net Loss expected to be of $5.5 million to net income of $1.1 million. Operating Margin from positive 1.1% to positive 3.7%. Net Loss per basic share expected to be of $0.04 to net income per diluted share of $0.01.
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.
EXTREME NETWORKS, INC. 
