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Market Impact: 0.38

Extreme Networks (EXTR) Q3 Earnings and Revenues Surpass Estimates

EXTR
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Extreme Networks reported quarterly EPS of $0.26, beating the Zacks Consensus Estimate of $0.24 by $0.02 per share, and improving from $0.21 a year ago. The result is a modest earnings beat of about 8.3% versus consensus, which should be positive for sentiment around the stock. No revenue, guidance, or other operating details were provided.

Analysis

Extreme Networks reported quarterly EPS of $0.26, beating the Zacks Consensus Estimate of $0.24 by $0.02 per share, and improving from $0.21 a year ago. The result is a modest earnings beat of about 8.3% versus consensus, which should be positive for sentiment around the stock. No revenue, guidance, or other operating details were provided.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.34

Ticker Sentiment

EXTR0.45