EXTR News

Extreme Networks, Inc. (Nasdaq: EXTR) today announced rapid expansion of its 4th generation cloud footprint and the successful extension of its ExtremeCloud™ IQ unified management platform and new, simplified Pilot subscription model across its family of edge switches and access points. Further demonstrating the value of cloudifying its portfolio, the company also introduced new Portable Branch Kits (PBK) and Rapid Outdoor Connectivity Kits (ROCK), enabling enterprises across industries to use ExtremeCloud IQ to quickly and securely provision, deliver, and manage connectivity in lockstep with organizational requirements to offer secure, reliable, network access anywhere – a capability never more relevant than during this pandemic.

COVID-19 has accelerated digital transformation efforts for organizations everywhere, driving rapid adoption of new cloud technologies to support remote working and online learning. In response, Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, has launched a NewNormal initiative to help all of its customers adapt to the transition. The NewNormal initiative is a comprehensive program that provides information and industry insights to help companies survive and thrive leveraging the industry's only 4th generation cloud management platform.

COVID-19 has lowered expectations for Extreme Networks' third-quarter results, but the company says a new round of layoffs are not related to the pandemic.

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced its upcoming conference schedule for May:

Q3 2020 Extreme Networks Inc Earnings Call

On Monday, Nvidia completed the $6.9 billion acquisition of Mellanox, a lesser-known but critically important provider of high-performance networking solutions. To me, it is evident that this acquisition — the largest ever done by Nvidia (NVDA) — instantly strengthens the company’s prospects for revenue growth and market-share gains as we enter the next phase of datacenter technology. Recall that the acquisition, announced more than a year ago, was part of a fiercely competitive bid with the likes of Intel and Xilinx.

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, continues to proactively respond to the COVID-19 pandemic by supporting the operational vitality of our channel partners and the customers they serve. Now through September 30, 2020, Extreme will offer LEAP – the Lending Enablement & Assistance Program, to provide preferential financial terms for qualified channel partners across the Americas and Europe. LEAP also ensures current channel partners can maintain their existing competency certification levels through the balance of 2020 and provides access to an expanded portfolio of free online training options and other incentives.

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today rescheduled it plans to release financial results for its third fiscal quarter ended March 31, 2020. The company will now announce after the close of the market on Monday, May 11, 2020, followed by an earnings conference call and webcast at 5pm ET. The change from Extreme's originally planned earnings date of May 6 reflects additional time required to complete certain quarter-end processes related to matters delayed by COVID-19. We remain on track to file our 10-Q by May 11.

Investors need to pay close attention to Extreme Networks (EXTR) stock based on the movements in the options market lately.

In their own ways, enterprise hardware and software demand are coming under pressure, as is chip demand in some end-markets.

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it is the first to offer "unlimited data" to its cloud customers. Beginning July 1, all new ExtremeCloud IQ Pilot subscribers will have access to unlimited data for the lifetime of their subscriptions. Existing ExtremeCloud IQ subscribers will be upgraded to unlimited data in this calendar year. Extreme's unlimited data offering sets a new standard for access to cloud data and insights that is unmatched in the industry.

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced that Wes Durow has joined the company as Chief Marketing Officer. Wes has 25 years of marketing experience including deep cloud and networking domain expertise, most recently serving as the Chief Marketing Officer at Mitel for the last five years. Starting immediately, he will lead the channel, field, product, and digital marketing teams, reporting to Norman Rice, Chief Operating Officer.

State University of New York Chancellor Kristina M. Johnson today announced a system-wide esports tournament to help support student emergency funds amid the COVID-19 pandemic. Beginning next Monday, April 27, and lasting three weeks, The SUNY Chancellor Esports Challenge Co-Sponsored by Extreme Networks will offer a $20,000 prize pool. Participating students will represent their college with all winnings going to student emergency funds at those students' respective schools.

If you're interested in Extreme Networks, Inc. (NASDAQ:EXTR), then you might want to consider its beta (a measure of...

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced Rancho California Water District, an essential public utility in Temecula, California, has deployed Extreme's networking solutions to connect and power its vast, 24/7 operations. Rancho Water delivers high-quality water and reclamation services to 155,000 customers across 150 square miles every day, and it prioritizes safety, redundancy, and reliability in its operations. Extreme provides a secure and resilient technology infrastructure and an effortless networking experience so the utility's small IT team can focus on delivering new applications and analytics-driven services for its growing customer base, rather than outages.

Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its fiscal third quarter ended March 31, 2020.

Extreme Networks (EXTR) delivered earnings and revenue surprises of 0.00% and -0.72%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced it is proud to support the NFL Draft-A-Thon, the NFL's three-day virtual fundraiser that will benefit six charities – selected by the NFL Foundation – that are battling the spread of COVID-19 and delivering relief to millions in need.

Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced a business update on the financial impact of COVID-19 to its financial results for its third quarter ended March 31, 2020, as well as a set of actions designed to reduce operating costs and further enhance its financial flexibility. The company will review the updates in full detail on its third fiscal quarter earnings results call, set for May 6, 2020.

Ladies and gentlemen, thank you for standing by, and welcome to the Extreme Networks Q3 FY 2020 Financial Results Conference Call. With me today are Extreme Networks' President and CEO, Ed Meyercord; and CFO, Remi Thomas.