Extreme Networks Inc.

-0.05 (-1.08%)
Other Pre-Announcement

Extreme Networks Sees Q1 Non-GAAP Earnings Per Share $0.05 To $0.08

Published: 10/08/2020 20:37 GMT
Extreme Networks Inc (EXTR) - Extreme Networks Provides Update on Q1 Outlook; Expects to Deliver Revenue and EPS Above High-end of Previous Outlook.
Sees Q1 Non-GAAP Earnings per Share $0.05 to $0.08.
Sees Q1 GAAP Loss per Share $0.08 to $0.11.
Sees Q1 Revenue $233 Million to $236 Million.
Expects to Report Q1 2021 Revenue of $233 to $236 Million, Up 9% Sequentially at Midpoint From $215.5 Million Last Quarter.
Expect Q1 2021 a GAAP Loss per Share of $0.11 to $0.08.
Sees Q1 2021 Non-GAAP EPS of $0.05 to $0.08.
Expectq1 2021 GAAP and Non-GAAP Gross Margin to Be Slightly Better Than Original Guidance.
Expect Q1 GAAP and Non-GAAP Operating Expenses to Be In-line With Extreme's Prior Guidance.