Extreme Networks Expects Q2 Revenue Of $273M-$283M Vs $260.55M Est, Adj EPS Of $0.16-$0.20 Vs $0.12 Est, FY25 Revenue Of $1.117B-$1.137B Vs $1.12B Est
Portfolio Pulse from Benzinga Newsdesk
Extreme Networks has provided its Q2 FY25 guidance, expecting revenue between $273M-$283M, surpassing estimates of $260.55M. Adjusted EPS is projected at $0.16-$0.20, above the $0.12 estimate. For FY25, revenue is expected to be $1.117B-$1.137B, slightly above the $1.12B estimate.
October 30, 2024 | 11:20 am
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POSITIVE IMPACT
Extreme Networks has issued a positive Q2 FY25 guidance with revenue and adjusted EPS estimates exceeding market expectations. This suggests potential growth and improved financial performance.
The guidance provided by Extreme Networks for Q2 FY25 shows revenue and adjusted EPS above market estimates, indicating strong performance expectations. This is likely to positively impact the stock price in the short term as investors react to the better-than-expected financial outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100