27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Extreme Networks (NASDAQ:EXTR) reported its Q1 earnings results on Thursday, October 27, 2022 at 07:05 AM.
Here's what investors need to know about the announcement.
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Earnings
Extreme Networks beat estimated earnings by 17.65%, reporting an EPS of $0.2 versus an estimate of $0.17.
Revenue was up $30.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 13.08% increase in the share price the next day.
Here's a look at Extreme Networks's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | 0.18 | 0.17 | 0.16 |
| EPS Actual | 0.15 | 0.21 | 0.21 | 0.21 |
| Revenue Estimate | 268.96M | 280.76M | 272.07M | 256.94M |
| Revenue Actual | 278.20M | 285.51M | 280.93M | 267.68M |
To track all earnings releases for Extreme Networks visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.