Extreme Networks Sees Q1 Adj. EPS $0.10-$0.14 vs $0.12 Est., Total Net Revenue $255M-$265M vs $259.6M Est.
Portfolio Pulse from Benzinga Newsdesk
Extreme Networks has provided its Q1 guidance, projecting adjusted EPS between $0.10 and $0.14, compared to the estimated $0.12. The company also expects total net revenue to be in the range of $255 million to $265 million, against the estimated $259.6 million.
August 07, 2024 | 11:08 am
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Extreme Networks' Q1 guidance shows a range for adjusted EPS and total net revenue that brackets the estimates, indicating potential stability or slight volatility in the stock price.
The guidance provided by Extreme Networks is close to the estimates, suggesting that the market may not react strongly. The EPS range includes the estimate, and the revenue range is slightly above and below the estimate, indicating potential stability or slight volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100