extreme networks inc. - EXTR
EXTR
Close Chg Chg %
15.43 0.23 1.49%
Closed Market
15.66
+0.23 (1.49%)
Volume: 952.32K
Last Updated:
Nov 21, 2024, 4:00 PM EDT
Company Overview: extreme networks inc. - EXTR
EXTR Key Data
| Open $15.50 | Day Range 15.33 - 15.73 |
| 52 Week Range 10.50 - 18.77 | Market Cap $2.04B |
| Shares Outstanding 132.14M | Public Float 128.23M |
| Beta 1.77 | Rev. Per Employee N/A |
| P/E Ratio N/A | EPS -$0.96 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.31M |
EXTR Performance
| 1 Week | 0.32% | ||
| 1 Month | 9.13% | ||
| 3 Months | 4.33% | ||
| 1 Year | -4.63% | ||
| 5 Years | 135.49% |
EXTR Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
7
Full Ratings ➔
About extreme networks inc. - EXTR
Extreme Networks, Inc. engages in the provision of cloud networking solutions and industry services and support. It designs, develops, and manufactures wired, wireless, and software-defined wide area-network (SD-WAN) infrastructure equipment, software and cloud-based network management solutions. The company was founded in May 1996 and is headquartered in Morrisville, NC.
EXTR At a Glance
Extreme Networks, Inc.
2121 RDU Center Drive
Morrisville, North Carolina 27560
| Phone | 1-408-579-2800 | Revenue | 1.12B | |
| Industry | Computer Peripherals | Net Income | -85,964,000.00 | |
| Sector | Electronic Technology | Employees | 2,656 | |
| Fiscal Year-end | 06 / 2025 | |||
| View SEC Filings |
EXTR Valuation
| P/E Current | N/A |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | N/A |
| Price to Sales Ratio | 1.557 |
| Price to Book Ratio | 69.312 |
| Price to Cash Flow Ratio | 31.34 |
| Enterprise Value to EBITDA | 151.554 |
| Enterprise Value to Sales | 1.631 |
| Total Debt to Enterprise Value | 0.132 |
EXTR Efficiency
| Revenue/Employee | 420,633.66 |
| Income Per Employee | -32,365.964 |
| Receivables Turnover | 12.48 |
| Total Asset Turnover | 1.023 |
EXTR Liquidity
| Current Ratio | 0.902 |
| Quick Ratio | 0.63 |
| Cash Ratio | 0.303 |
EXTR Profitability
| Gross Margin | 56.283 |
| Operating Margin | -2.585 |
| Pretax Margin | -6.937 |
| Net Margin | -7.695 |
| Return on Assets | -7.871 |
| Return on Equity | -121.047 |
| Return on Total Capital | -32.453 |
| Return on Invested Capital | -29.582 |
EXTR Capital Structure
| Total Debt to Total Equity | 947.726 |
| Total Debt to Total Capital | 90.456 |
| Total Debt to Total Assets | 22.982 |
| Long-Term Debt to Equity | 869.12 |
| Long-Term Debt to Total Capital | 82.953 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Extreme Networks Inc. - EXTR
Collapse All in section
| All values USD millions. | 2021 | 2022 | 2023 | 2024 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 1.01B | 1.11B | 1.31B | 1.12B | |
Sales Growth
| +6.48% | +10.19% | +17.99% | -14.88% | |
Cost of Goods Sold (COGS) incl D&A
| 436.00M | 485.62M | 559.78M | 488.41M | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 77.05M | 55.09M | 47.12M | 40.90M | |
Depreciation
| 39.09M | 35.14M | 32.14M | 35.59M | |
Amortization of Intangibles
| 32.36M | 19.95M | 14.99M | 5.31M | |
COGS Growth
| -1.28% | +11.38% | +15.27% | -12.75% | |
Gross Income
| 573.41M | 626.70M | 752.67M | 628.79M | |
Gross Income Growth
| +13.24% | +9.29% | +20.10% | -16.46% | |
Gross Profit Margin
| +56.81% | +56.34% | +57.35% | +56.28% |
| 2021 | 2022 | 2023 | 2024 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 534.39M | 553.65M | 641.11M | 657.67M | |
Research & Development
| 197.00M | 190.59M | 214.27M | 211.93M | |
Other SG&A
| 337.40M | 363.06M | 426.84M | 445.74M | |
SGA Growth
| -2.67% | +3.60% | +15.80% | +2.58% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 4.14M | 7.47M | 3.65M | 36.62M | |
EBIT after Unusual Expense
| 34.88M | 65.59M | 107.91M | (65.50M) | |
Non Operating Income/Expense
| (1.83M) | (605.00K) | 3.58M | 4.99M | |
Non-Operating Interest Income
| 352.00K | 412.00K | 3.15M | 4.56M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 22.86M | 12.79M | 17.39M | 16.99M | |
Interest Expense Growth
| -3.76% | -44.05% | +35.94% | -2.30% | |
Gross Interest Expense
| 22.86M | 12.79M | 17.39M | 16.99M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 10.19M | 52.19M | 94.11M | (77.50M) | |
Pretax Income Growth
| +108.45% | +412.46% | +80.30% | -182.35% | |
Pretax Margin
| +1.01% | +4.69% | +7.17% | -6.94% | |
Income Tax
| 8.25M | 7.92M | 16.03M | 8.46M | |
Income Tax - Current - Domestic
| 1.16M | 1.07M | 6.86M | 1.59M | |
Income Tax - Current - Foreign
| 5.33M | 6.46M | 9.09M | 6.84M | |
Income Tax - Deferred - Domestic
| 1.49M | 623.00K | 801.00K | 656.00K | |
Income Tax - Deferred - Foreign
| 262.00K | (229.00K) | (716.00K) | (620.00K) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 1.94M | 44.27M | 78.07M | (85.96M) | |
Minority Interest Expense
| - | - | - | - | - |
Net Income
| 1.94M | 44.27M | 78.07M | (85.96M) | |
Net Income Growth
| +101.53% | +2,186.73% | +76.35% | -210.11% | |
Net Margin Growth
| +0.19% | +3.98% | +5.95% | -7.69% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 1.94M | 44.27M | 78.07M | (85.96M) | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 1.94M | 44.27M | 78.07M | (85.96M) | |
EPS (Basic)
| 0.0156 | 0.342 | 0.603 | -0.6649 | |
EPS (Basic) Growth
| +101.47% | +2,092.31% | +76.32% | -210.27% | |
Basic Shares Outstanding
| 124.02M | 129.44M | 129.47M | 129.29M | |
EPS (Diluted)
| 0.0152 | 0.3316 | 0.5842 | -0.6649 | |
EPS (Diluted) Growth
| +101.44% | +2,081.58% | +76.18% | -213.81% | |
Diluted Shares Outstanding
| 127.67M | 133.49M | 133.65M | 129.29M | |
EBITDA
| 116.07M | 128.15M | 158.69M | 12.02M | |
EBITDA Growth
| +171.23% | +10.40% | +23.83% | -92.42% | |
EBITDA Margin
| +11.50% | +11.52% | +12.09% | +1.08% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 15.75 | |
| Number of Ratings | 7 | Current Quarters Estimate | 0.18 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 0.771 | |
| Last Quarter’s Earnings | 0.17 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 0.59 | Next Fiscal Year Estimate | 0.994 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 7 | 7 | 7 | 7 |
| Mean Estimate | 0.18 | 0.18 | 0.77 | 0.99 |
| High Estimates | 0.19 | 0.20 | 0.81 | 1.11 |
| Low Estimate | 0.17 | 0.16 | 0.74 | 0.90 |
| Coefficient of Variance | 3.55 | 11.10 | 3.28 | 8.51 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 4 | 4 | 4 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 3 | 3 | 3 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Extreme Networks Inc. - EXTR
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Extreme Networks Inc. - EXTR
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,448,378 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $14.64 per share | 21,204,253.92 |
| Aug 20, 2024 | Katayoun Motiey Chief Legal Admin Sust Officer | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Katayoun Motiey Chief Legal Admin Sust Officer | 111,484 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 154,615 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 260,469 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 346,567 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 93,767 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 154,692 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | N/A | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,185,037 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,478,378 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.52 per share | 21,466,048.56 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,539,220 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,384,605 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.52 per share | 20,104,464.60 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,487,100 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,226,631 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.86 per share | 18,227,736.66 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,245,053 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,198,239 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $14.86 per share | 17,805,831.54 |
| Aug 20, 2024 | Edward B. Meyercord PRESIDENT AND CEO; Director | 1,213,457 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |