Advertisement
U.S. markets close in 3 hours 4 minutes
  • S&P 500

    5,251.05
    +2.56 (+0.05%)
     
  • Dow 30

    39,768.69
    +8.61 (+0.02%)
     
  • Nasdaq

    16,380.87
    -18.65 (-0.11%)
     
  • Russell 2000

    2,129.12
    +14.77 (+0.70%)
     
  • Crude Oil

    82.81
    +1.46 (+1.79%)
     
  • Gold

    2,243.60
    +30.90 (+1.40%)
     
  • Silver

    25.00
    +0.25 (+1.00%)
     
  • EUR/USD

    1.0803
    -0.0027 (-0.25%)
     
  • 10-Yr Bond

    4.1930
    -0.0030 (-0.07%)
     
  • GBP/USD

    1.2637
    -0.0001 (-0.01%)
     
  • USD/JPY

    151.3120
    +0.0660 (+0.04%)
     
  • Bitcoin USD

    70,728.23
    +1,678.19 (+2.43%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Extreme Networks: Fiscal 1Q Earnings Snapshot

Extreme Networks: Fiscal 1Q Earnings Snapshot

SAN JOSE, Calif. (AP) _ Extreme Networks Inc. (EXTR) on Friday reported a fiscal first-quarter loss of $9.1 million, after reporting a profit in the same period a year earlier.

The San Jose, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for amortization costs and stock option expense, were 8 cents per share.

The maker of network infrastructure equipment posted revenue of $239.9 million in the period.

For the current quarter ending in January, Extreme Networks expects its per-share earnings to range from 6 cents to 13 cents.

The company said it expects revenue in the range of $239 million to $249 million for the fiscal second quarter.

Extreme Networks shares have declined 53 percent since the beginning of the year. The stock has fallen 51 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXTR at https://www.zacks.com/ap/EXTR

Advertisement