Advertisement
Singapore markets closed

  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     

  • S&P 500

    5,009.47
    -62.16 (-1.23%)
     

  • Dow

    37,860.83
    -600.09 (-1.56%)
     

  • Nasdaq

    15,447.48
    -265.26 (-1.69%)
     

  • Bitcoin USD

    63,609.62
    -1,389.36 (-2.14%)
     

  • CMC Crypto 200

    1,374.64
    -7.93 (-0.57%)
     

  • FTSE 100

    8,077.79
    +37.41 (+0.47%)
     

  • Gold

    2,343.00
    +4.60 (+0.20%)
     

  • Crude Oil

    82.26
    -0.55 (-0.66%)
     

  • 10-Yr Bond

    4.7020
    +0.0500 (+1.07%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     

  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

Extreme Networks: Fiscal 1Q Earnings Snapshot

Associated Press
Updated

SAN JOSE, Calif. (AP) _ Extreme Networks Inc. (EXTR) on Wednesday reported a loss of $37.7 million in its fiscal first quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of 31 cents. Earnings, adjusted for costs related to mergers and acquisitions and stock option expense, were 8 cents per share.

The maker of network infrastructure equipment posted revenue of $255.5 million in the period.

For the current quarter ending in January, Extreme Networks expects its per-share earnings to range from 12 cents to 16 cents.

The company said it expects revenue in the range of $268 million to $278 million for the fiscal second quarter.

ADVERTISEMENT

Extreme Networks shares have climbed 24% since the beginning of the year. The stock has climbed 53% 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