Extreme Networks shares are trading lower after the company reported Q1 financial results and issued Q2 adjusted EPS and total net revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Extreme Networks reported Q1 financial results and issued Q2 adjusted EPS and total net revenue guidance below estimates, causing its shares to trade lower.
November 01, 2023 | 1:24 pm
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NEGATIVE IMPACT
Extreme Networks' shares are trading lower due to disappointing Q1 results and lower than expected Q2 guidance.
Extreme Networks' lower than expected Q1 results and Q2 guidance have negatively impacted investor sentiment, leading to a decrease in the company's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100