Extreme Networks, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
July 28, 2021 at 07:27 am EDT
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Extreme Networks, Inc. announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced total revenue was USD 278.088 million compared to USD 215.522 million a year ago. Operating income was USD 17.571 million compared to operating loss of USD 13.103 million a year ago. Net income was USD 10.326 million compared to net loss of USD 21.217 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.18 a year ago. For the full year, total revenue was USD 1,009.418 million compared to USD 948.019 million a year ago. Operating income was USD 34.376 million compared to operating loss of USD 98.899 million a year ago. Net income was USD 1.936 million compared to net loss of USD 126.845 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 1.06 a year ago.
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.
EXTREME NETWORKS, INC. 
