Extreme Networks Q4 2024 Adj. EPS $(0.08) May Not Compare To $0.13 Estimate, Sales $256.700M Beat $253.211M Estimate
Portfolio Pulse from Benzinga Newsdesk
Extreme Networks reported Q4 2024 adjusted EPS of $(0.08), missing the $0.13 estimate, but sales of $256.7M beat the $253.211M estimate.

August 07, 2024 | 11:06 am
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Extreme Networks reported Q4 2024 adjusted EPS of $(0.08), missing the $0.13 estimate, but sales of $256.7M beat the $253.211M estimate.
The significant miss on EPS is likely to have a negative impact on the stock price despite the sales beat, as earnings are a critical metric for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100