financetom
Business
financetom
/
Business
/
Extreme Networks Swings to Surprise Q4 Loss, Guides Q1, Fiscal 2025 In-Line with Consensus Views
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Extreme Networks Swings to Surprise Q4 Loss, Guides Q1, Fiscal 2025 In-Line with Consensus Views
Aug 7, 2024 7:42 AM

10:16 AM EDT, 08/07/2024 (MT Newswires) -- Extreme Networks ( EXTR ) on Wednesday reported a Q4 non-GAAP net loss of $0.08 per diluted share, compared with EPS of $0.33 a year earlier.

Analysts polled by Capital IQ expected EPS of $0.13.

Revenue for the quarter ended June 30 was $256.7 million, compared with $363.9 million a year earlier.

Analysts expected $253.2 million.

For Q1, the technology company is projecting non-GAAP EPS of $0.10 to $0.14 on revenue of $255 million to $265 million.

Analysts polled by Capital IQ are looking for $0.12 and $259.6 million, respectively.

For 2025, the company is projecting revenue of $1.11 billion to $1.14 billion. Analysts polled by Capital IQ are looking for fiscal 2025 revenue of $1.11 billion.

Price: 12.59, Change: -0.36, Percent Change: -2.78

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved