08:05 AM EST, 01/29/2025 (MT Newswires) -- Extreme Networks ( EXTR ) reported fiscal Q2 adjusted earnings Wednesday of $0.21 per diluted share, down from $0.24 a year earlier.

Analysts polled by FactSet expected $0.18.

Revenue for the quarter ended Dec. 31 was $279.4 million compared with $296.4 million a year earlier.

Analysts surveyed by FactSet expected $278 million.

The company said it expects fiscal Q3 adjusted per-share earnings of $0.16 to $0.20. Analysts surveyed by FactSet expect $0.18. The company expects revenue for the quarter to be $276 million to $284 million. Analysts expect $279 million.

For fiscal 2025, the company marginally raised its revenue guidance by 10 million to $1.12 billion to $1.14 billion.

Shares of the company rose nearly 8% in recent premarket trading.