Extreme Networks (NASDAQ:EXTR) Releases Q2 2025 Earnings Guidance

Extreme Networks (NASDAQ:EXTR) updated its second quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.160-0.200 for the period, compared to the consensus earnings per share estimate of 0.180. The company issued revenue guidance of $273.0 million-$283.0 million. Extreme Networks also updated its FY 2025 guidance to EPS.

Extreme Networks Trading Up 1.1 %

Shares of EXTR traded up $0.16 during midday trading on Friday, hitting $15.09. The stock had a trading volume of 1,441,871 shares, compared to its average volume of 1,870,505. The business has a 50-day simple moving average of $14.88 and a two-hundred day simple moving average of $13.29. The firm has a market cap of $1.99 billion, a P/E ratio of -15.56, a price-to-earnings-growth ratio of 3.67 and a beta of 1.76. The company has a current ratio of 0.91, a quick ratio of 0.63 and a debt-to-equity ratio of 5.33. Extreme Networks has a fifty-two week low of $10.49 and a fifty-two week high of $18.77.

Extreme Networks (NASDAQ:EXTR) last posted its quarterly earnings results on Wednesday, August 7th. The technology company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.21). Extreme Networks had a negative net margin of 12.11% and a negative return on equity of 80.55%. The business had revenue of $256.65 million for the quarter, compared to analyst estimates of $253.21 million. During the same period in the previous year, the firm posted $0.24 earnings per share. The firm’s quarterly revenue was down 29.5% on a year-over-year basis. As a group, equities analysts forecast that Extreme Networks will post 0.25 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on EXTR. Needham & Company LLC reiterated a “buy” rating and issued a $16.50 target price on shares of Extreme Networks in a research note on Thursday, August 8th. Rosenblatt Securities upped their price objective on shares of Extreme Networks from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Thursday. B. Riley lifted their price objective on Extreme Networks from $18.00 to $21.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Craig Hallum raised their target price on Extreme Networks from $17.00 to $22.50 and gave the company a “buy” rating in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $19.00.

Insider Buying and Selling at Extreme Networks

In other news, CEO Edward Meyercord sold 35,725 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $14.75, for a total transaction of $526,943.75. Following the sale, the chief executive officer now directly owns 1,448,378 shares in the company, valued at approximately $21,363,575.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 3.70% of the company’s stock.

Extreme Networks Company Profile

Extreme Networks, Inc delivers cloud-driven networking solutions that leverage the powers of machine learning, artificial intelligence, analytics, and automation.
The company designs, develops, and manufactures wired and wireless network infrastructure equipment and develops the software for network management, policy, analytics, security, and access controls.