extreme networks, inc. (extr) delivers software-driven networking solutions that help it departments everywhere deliver the ultimate business outcome: stronger connections with customers, partners and employees. wired to wireless, desktop to data center, on-premise or through the cloud, we go to extreme measures for our 20,000-plus customers in more than 80 countries, delivering 100% insourced call-in technical support to organizations large and small, including some of the world's leading names in business, education, government, healthcare, manufacturing, and hospitality. founded in 1996, extreme is headquartered in san jose, california. for more information, visit extreme's website or call 1-888-257-3000.
Company profile
Ticker
EXTR
Exchange
Website
CEO
Edward Meyercord
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Cisco Systems • Juniper Networks • F5 • Electronics For Imaging • Arista Networks • Digi International • Allot • Silicom • A10 Networks • Lantronix ...
SEC CIK
Corporate docs
Subsidiaries
Extreme Networks IHC, Inc. • Enterasys Networks, Inc. • Extreme Networks Delaware LLC • Extreme Networks Canada Inc. • Extreme Networks International Ltd. • Extreme Networks EMEA Ltd. • Extreme Networks Australia • Extreme Networks Singapore Pte. Ltd. • Extreme Networks Korea Ltd. • Extreme Networks India Private Ltd. ...
IRS number
770430270
EXTR stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
2 May 24
8-K
Extreme Networks Reports Third Quarter Fiscal Year 2024 Financial Results
1 May 24
10-Q
2024 Q2
Quarterly report
1 Feb 24
8-K
Extreme Networks Reports Second Quarter Fiscal Year 2024 Financial Results
31 Jan 24
8-K
Departure of Directors or Certain Officers
8 Jan 24
8-K
Extreme Networks Provides Update to Q2 Outlook
8 Jan 24
S-8
Registration of securities for employees
15 Dec 23
8-K
Amendments to Articles of Incorporation or Bylaws
9 Nov 23
10-Q
2024 Q1
Quarterly report
2 Nov 23
8-K
Extreme Networks Reports First Quarter Fiscal Year 2024 Financial Results
1 Nov 23
Transcripts
EXTR
Earnings call transcript
2024 Q3
1 May 24
EXTR
Earnings call transcript
2024 Q2
31 Jan 24
EXTR
Earnings call transcript
2024 Q1
1 Nov 23
EXTR
Earnings call transcript
2023 Q4
2 Aug 23
EXTR
Earnings call transcript
2023 Q4
2 Aug 23
EXTR
Earnings call transcript
2023 Q3
26 Apr 23
EXTR
Earnings call transcript
2023 Q2
25 Jan 23
EXTR
Earnings call transcript
2023 Q1
27 Oct 22
EXTR
Earnings call transcript
2022 Q4
27 Jul 22
EXTR
Earnings call transcript
2022 Q3
27 Apr 22
Latest ownership filings
4
EDWARD MEYERCORD
10 May 24
144
Notice of proposed sale of securities
9 May 24
4
KATAYOUN MOTIEY
16 Feb 24
4
EDWARD MEYERCORD
16 Feb 24
SC 13G/A
Capital Research Global Investors
9 Feb 24
4
EDWARD MEYERCORD
2 Feb 24
SC 13G/A
BlackRock Inc.
23 Jan 24
3
KATAYOUN MOTIEY
18 Jan 24
SC 13G/A
VANGUARD GROUP INC
10 Jan 24
4
KEVIN R RHODES
3 Jan 24
Financial summary
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Diluted EPS |
Annual (USD) | Jun 23 | Jun 22 | Jun 21 | Jun 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 224.43 mm | 224.43 mm | 224.43 mm | 224.43 mm | 224.43 mm | 224.43 mm |
Cash burn (monthly) | 3.46 mm | 866.00 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 25.53 mm | 6.38 mm | n/a | n/a | n/a | n/a |
Cash remaining | 198.91 mm | 218.05 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 57.4 | 251.8 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 May 24 | Edward Meyercord | Common Stock | Sell | Dispose S | No | No | 10.6274 | 50,000 | 531.37 k | 1,119,724 |
15 Feb 24 | Katayoun Motiey | Common Stock | Payment of exercise | Dispose F | No | No | 12.24 | 2,353 | 28.80 k | 102,052 |
15 Feb 24 | Katayoun Motiey | Common Stock | Option exercise | Acquire M | No | No | 0 | 5,329 | 0.00 | 104,405 |
15 Feb 24 | Katayoun Motiey | Common Stock | Payment of exercise | Dispose F | No | No | 12.24 | 2,079 | 25.45 k | 99,076 |
15 Feb 24 | Katayoun Motiey | Common Stock | Option exercise | Acquire M | No | No | 0 | 4,169 | 0.00 | 101,155 |
15 Feb 24 | Katayoun Motiey | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 5,329 | 0.00 | 31,974 |
15 Feb 24 | Katayoun Motiey | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 4,169 | 0.00 | 8,338 |
15 Feb 24 | Edward Meyercord | Common Stock | Payment of exercise | Dispose F | No | No | 12.24 | 15,218 | 186.27 k | 1,169,724 |
15 Feb 24 | Edward Meyercord | Common Stock | Option exercise | Acquire M | No | No | 0 | 38,673 | 0.00 | 1,184,942 |
15 Feb 24 | Edward Meyercord | Common Stock | Payment of exercise | Dispose F | No | No | 12.24 | 10,253 | 125.50 k | 1,146,269 |
News
B. Riley Securities Maintains Buy on Extreme Networks, Raises Price Target to $15
2 May 24
Craig-Hallum Maintains Hold on Extreme Networks, Lowers Price Target to $13
2 May 24
Rosenblatt Upgrades Extreme Networks to Buy, Raises Price Target to $17
2 May 24
Needham Reiterates Buy on Extreme Networks, Maintains $16.5 Price Target
1 May 24
Extreme Networks Expects FY24 Net Revenue of $1.1105B-$1.1205B Vs $1.125B Est, Adj EPS of $0.51-$0.55 Vs $0.57 Est
1 May 24
Press releases
Extreme Networks Reports Third Quarter Fiscal Year 2024 Financial Results
1 May 24
Experience the Intersection of AI, Networking and Security at Extreme Connect in Fort Worth, Texas, April 22-25, 2024
15 Apr 24
Extreme Networks Schedules Third Quarter Fiscal 2024 Financial Results Conference Call
8 Apr 24
Extreme Extends Dominant Position in Enterprise Network Fabric with More Than 5,000 Global Customer Deployments Worldwide
29 Feb 24
Extreme Networks Announces Investor Conference Schedule for February and March 2024
16 Feb 24