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Add as a preferred source on GoogleExtreme Networks Q1 Revenue Beats Estimates at $341.1 Million
Revenue rose 10% from a year earlier, and non-GAAP EPS reached $0.33. SaaS ARR increased 22% to $264.7 million.
Extreme Networks posted $341.1 million in revenue for its fiscal first quarter, which ended Sept. 30, up 10% from a year earlier. Non-GAAP earnings per share were $0.33.
Revenue exceeded estimates by $4.34 million, while EPS topped estimates by $0.05. SaaS annual recurring revenue (ARR) rose 22% year over year to $264.7 million.
Revenue also came in above the company’s August outlook of $334 million to $339 million. Non-GAAP EPS topped the forecast range of $0.27 to $0.29.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.