Extreme Networks Reports Fourth Fiscal Quarter and Fiscal Year 2020 Financial Results
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Extreme Networks (EXTR) Tops Q4 EPS by 6c, Revenues Beat; Offers 1Q EPS/Revenue Guidance Above Consensus
August 5, 2020 7:20 AM EDTExtreme Networks (NASDAQ: EXTR) reported Q4 EPS of $0.03, $0.06 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $215.5 million versus the consensus estimate of $212.71 million.
Fiscal Fourth Quarter Results:
Revenue $215.5 million, down 15% year-over-year and up 3% quarter-over-quarterGAAP EPS $(0.18), down from $(0.14) in Q4 last yearNon-GAAP EPS $0.03, down from $0.06 in Q4 last yearGAAP gross margin 56.0% compared to 55.1% in Q4 last yearNon-GAAP gross margin 59.4% compared to 59.2% in Q4 last yearGAAP operating margin (6.1)% compared to (4.8)% in Q4 last yearNon-GAAP operating margin 5.2%, compared to 4.9% in Q4 last... More