Extreme Networks Reports Fourth Quarter and Fiscal Year 2016 Financial Results
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Needham & Company Raises Price Target on Extreme Networks (EXTR) to $4.30 Following 4Q
August 4, 2016 6:45 AM EDTNeedham & Company reiterated a Buy rating on Extreme Networks (NASDAQ: EXTR), and raised the price target to $4.30 (from $3.75), following the company's 4Q earnings report. Extreme implemented a new set of pricing controls to eliminate unnecessary discounts. This should add 1-2% to Revenues and 100-200BPs to GMs.... More
Extreme Networks (EXTR) Reports In-Line Q4 EPS
August 3, 2016 4:47 PM EDTExtreme Networks (NASDAQ: EXTR) reported Q4 EPS of $0.10, in-line with the analyst estimate of $0.10. Revenue for the quarter came in at $140 million versus the consensus estimate of $142.06 million.
"Our results reflect solid execution and significant earnings growth compared to the prior year period. Success in... More
