Mark your calendars for Wednesday 30th October 2024, as Extreme Networks (NASDAQ: EXTR) will be revealing its first quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
According to the forecasts of financial experts on Wall Street, the organization is poised to announce an anticipated per share $0.12 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $260.55 million for this specific period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $1.12 billion. Furthermore, they expect the business to achieve profit of $0.73 per share during the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.35. This figure was a result of the company's total revenue, which reached an impressive $353.14 million million during that specific period.
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Additionally, The company will host a conference call with investors and analysts on 30th October 2024 at 08:00 AM eastern time to review the Q1 2025 financial results.
Extreme Networks (EXTR) closed Monday's regular trading session at $14.25, reflecting a 0.7 percent downfall. The stock fluctuated between $14.21 and $14.61 during the day, with a volume of 1.10 million shares.
