Extreme Networks, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2021
November 02, 2021 at 07:05 am EDT
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Extreme Networks, Inc. provided earnings guidance for the second quarter ending December 31, 2021. For its second quarter of fiscal 2022, ending December 31, 2021, the Company is targeting total net revenue of $265.0 million - $280.0 million; net income of $0 - $11.9 million; and net income per diluted share of $0 - $0.09.
Extreme Networks, Inc. is a provider of cloud networking solutions and industry services and support. The Company designs, develops, and manufactures wired, wireless, and software-defined area-network (SD- WAN) infrastructure equipment. The Company's cloud solution is a single platform that offers unified network management of wireless access points, switches, and SD-WAN. Its products and services categories include Cloud Networking Platform, Automation, Analytics, and Security Applications, Wireless LAN AP, Wired for Edge, Campus, and Data Center, SD-WAN, Cloud Native Platforms and Applications for Service Providers and Customer Service and Support. It offers its services in business, hospitality, retail, transportation and logistics, education, government, healthcare, manufacturing, and service providers. Its cloud networking technologies provide flexibility and scalability in deployment, management, and licensing of networks globally.