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Extreme Networks: Fiscal 4Q Earnings Snapshot

July 31, 2019

SAN JOSE, Calif. (AP) _ Extreme Networks Inc. (EXTR) on Wednesday reported a loss of $17.1 million in its fiscal fourth quarter.

On a per-share basis, the San Jose, California-based company said it had a loss of 14 cents. Earnings, adjusted for stock option expense and amortization costs, came to 6 cents per share.

The maker of network infrastructure equipment posted revenue of $252.4 million in the period.

For the year, the company reported that its loss narrowed to $25.9 million, or 22 cents per share. Revenue was reported as $995.8 million.

Extreme Networks shares have risen 21% since the beginning of the year. The stock has decreased 12% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXTR at https://www.zacks.com/ap/EXTR

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