Recap: Extreme Networks Q1 Earnings

Recap: Extreme Networks Q1 Earnings

Extreme Networks 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.

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.

Posted In: BZI-RecapsEarnings