Recap: Extreme Networks Q1 Earnings - Extreme Networks (NASDAQ:EXTR)

Extreme Networks EXTR reported its Q1 earnings results on Thursday, October 27, 2022 at 07:05 AM.

Here's what investors need to know about the announcement.

Extreme Networks beat estimated earnings by 17.65%, reporting an EPS of $0.2 versus an estimate of $0.17.

Revenue was up $30.00 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 13.08% increase in the share price the next day.

Here's a look at Extreme Networks's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.14	0.18	0.17	0.16
EPS Actual	0.15	0.21	0.21	0.21
Revenue Estimate	268.96M	280.76M	272.07M	256.94M
Revenue Actual	278.20M	285.51M	280.93M	267.68M

To track all earnings releases for Extreme Networks visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.