Extreme Networks, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2019 and Reaffirms Revenue Guidance for the Fiscal 2019
January 29, 2019 at 06:39 pm IST
Share
Extreme Networks, Inc. provided earnings guidance for the third quarter ending March 31, 2019. For the quarter, the company is targeting revenue in a range of $247.0 million to $257.0 million. GAAP earnings are targeted to be between a net loss of $8.3 million to $0.7 million or $0.07 to $0.01 per basis share.
The company reaffirmed its outlook for fiscal 2019 to exceed $1 billion in revenue.
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. 
