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Extreme Networks - EXTR STOCK NEWS

Welcome to our dedicated page for Extreme Networks news (Ticker: EXTR), a resource for investors and traders seeking the latest updates and insights on Extreme Networks stock.

Extreme Networks, Inc. (EXTR) is a leading provider of software-driven networking solutions aimed at enhancing business operations by facilitating stronger connections among customers, partners, and employees. Founded in 1996 and headquartered in San Jose, California, Extreme Networks serves over 20,000 customers across more than 80 countries.

Extreme Networks offers a comprehensive range of products and services, including wired and wireless network infrastructure equipment and advanced software for network management, policy enforcement, analytics, and access controls. The company's solutions are designed to address the networking needs of various sectors, including business, education, government, healthcare, manufacturing, and hospitality.

Key offerings from Extreme Networks include high-density Wi-Fi solutions, centralized and cloud-based network management systems, and application analytics. These products are engineered to support both on-premise and cloud-based deployments, ensuring flexibility and scalability to meet diverse client requirements.

With a commitment to customer support, Extreme Networks provides 100% insourced call-in technical assistance, catering to organizations of all sizes. The company's customer base includes some of the world's leading enterprises, reinforcing its reputation for reliability and innovation in the networking industry.

Extreme Networks continues to drive growth and innovation through strategic partnerships and cutting-edge projects. The company's financial performance is bolstered by its significant presence in the Americas, which generates approximately half of its revenue, with the remainder coming from Europe, the Middle East, Africa, and the Asia-Pacific region. For more details, visit Extreme's website or call 1-888-257-3000.

Rhea-AI Summary
Extreme Networks has become the official Wi-Fi network solutions and Wi-Fi analytics provider for Old Trafford, the home stadium of Manchester United. The rollout of a new Wi-Fi 6 network has been completed, offering fast connectivity to enhance the fan matchday experiences. The network supports digital offerings such as mobile ticketing and membership rewards, and provides a platform for exploring new immersive services. ExtremeCloud IQ and ExtremeAnalytics solutions are utilized to gain visibility into network performance, understand fan behavior, and improve the overall venue operations.
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Extreme Networks Inc. reports double-digit revenue growth of 18% for the fiscal year, with a 31% growth in the fourth quarter. The company outperformed competitors, gained market share, and secured new deals over $1 million. Extreme Networks focuses on product innovation, offering universal hardware, cloud management, enhanced AI, and fabric technology for simplified network management and improved security. The company expects strong growth in the next fiscal year.
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Extreme Networks, Inc. (Nasdaq: EXTR) plans to release its financial results for the fourth fiscal quarter and fiscal year-end 2023 on Wednesday, August 2, 2023. The earnings conference call and webcast will take place at 8:00 a.m. ET. Dial-in details can be found on the company's investor website.
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Extreme Networks has been named as a Gartner Peer Insights Customers' Choice for Enterprise Wired and Wireless LAN Infrastructure for the sixth consecutive year. The company received a 4.7 out of 5 rating as of May 2023 among globally representative customers across verticals. Extreme Networks received 249 reviews over the past 18 months, the most of any vendor in its space. In December 2022, Extreme Networks was positioned in the Leader’s quadrant in the Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure for the fifth consecutive year.
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Extreme Networks introduces new Wi-Fi 6E access points and switches designed for enterprise networks. The AP3000 is the industry's smallest and most power-efficient Wi-Fi 6E access point, while the 7520 and 7720 switches are custom-built for enterprise core and aggregation use cases. The 8820 switch is designed for large-scale environments. These new solutions offer improved performance, network security, and flexibility for customers.
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FAQ

What is the current stock price of Extreme Networks (EXTR)?

The current stock price of Extreme Networks (EXTR) is $17.74 as of December 20, 2024.

What is the market cap of Extreme Networks (EXTR)?

The market cap of Extreme Networks (EXTR) is approximately 2.3B.

What does Extreme Networks, Inc. do?

Extreme Networks, Inc. provides software-driven networking solutions, including wired and wireless network infrastructure, network management software, policy enforcement, analytics, and access controls.

When was Extreme Networks founded?

Extreme Networks was founded in 1996.

Where is the headquarters of Extreme Networks located?

The headquarters of Extreme Networks is located in San Jose, California.

What industries does Extreme Networks serve?

Extreme Networks serves multiple industries, including business, education, government, healthcare, manufacturing, and hospitality.

How many customers does Extreme Networks have?

Extreme Networks serves over 20,000 customers in more than 80 countries.

What are some key products offered by Extreme Networks?

Key products include high-density Wi-Fi solutions, centralized and cloud-based network management systems, and application analytics.

Does Extreme Networks provide customer support?

Yes, Extreme Networks offers 100% insourced call-in technical support to its customers.

What is the revenue distribution of Extreme Networks?

Approximately half of the company's revenue is generated in the Americas, with the remainder coming from Europe, the Middle East, Africa, and the Asia-Pacific region.

How can I contact Extreme Networks for more information?

You can visit Extreme Networks' website or call 1-888-257-3000 for more information.

What is the significance of Extreme Networks' cloud-based solutions?

Extreme Networks' cloud-based solutions provide flexible and scalable networking options that can be tailored to meet various client requirements.

Extreme Networks

Nasdaq:EXTR

EXTR Rankings

EXTR Stock Data

2.34B
128.18M
2.93%
93.05%
3.74%
Communication Equipment
Computer Communications Equipment
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United States of America
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