Extreme Networks: Fiscal Q1 Earnings Snapshot

Associated Press Finance
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MORRISVILLE, N.C. (AP) — MORRISVILLE, N.C. (AP) — Extreme Networks Inc. (EXTR) on Wednesday reported profit of $28.7 million in its fiscal first quarter.

The Morrisville, North Carolina-based company said it had net income of 21 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share.

The maker of network infrastructure equipment posted revenue of $353.1 million in the period.

For the current quarter ending in December, Extreme Networks expects its per-share earnings to range from 26 cents to 31 cents.

The company said it expects revenue in the range of $312 million to $327 million for the fiscal second quarter.

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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

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