{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-014563","form_type":"8-K","ticker":"EXTR","cik":"0001078271","company_name":"EXTREME NETWORKS INC","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.875115+00:00","generated_at":"2026-06-16T11:37:38.670041+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Extreme Networks Q3 FY23 revenue $332.5M (+16% YoY), raises FY23 outlook","bullets":["Revenue $332.5M (+16% YoY); GAAP EPS $0.17 vs $0.10; Non-GAAP EPS $0.29 vs $0.21.","SaaS ARR $117M (+22% YoY); product revenue $241.1M (+22% YoY).","GAAP operating margin 8.9% vs 6.1% YoY; Non-GAAP operating margin 15.6% vs 12.5%.","Free cash flow $45.8M; repurchased 1.35M shares for $25.0M.","Raises FY23 revenue outlook to ~16% YoY growth; expects Q4 revenue growth >20% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-014563","json":"https://secwatch.observer/filing/0000950170-23-014563.json","markdown":"https://secwatch.observer/filing/0000950170-23-014563.md","text":"https://secwatch.observer/filing/0000950170-23-014563.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023014563/0000950170-23-014563-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023014563/extr-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T11:37:38.670041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6a2a06b47c37ed43f5169c096060e3ae9d423005","claim":"EXTREME NETWORKS INC reported third fiscal quarter ended March 31, 2023 results: revenue $332.5 million, net income $22.1, EPS $0.17. Guidance raised.","evidence_excerpt":"-- Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its third fiscal quarter ended March 31, 2023. Fiscal Third Quarter Results: • Revenue $332.5 million, up 16% year-over-year, and up 4% quarter-over-quarter • SaaS ARR* $117 million, up 22% year-over-year, and up 2% quarter-over-quarter • GAAP diluted EPS $0.17, compared to $0.10","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023014563/0000950170-23-014563-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third fiscal quarter ended March 31, 2023"},{"label":"Revenue","value":"$332.5 million"},{"label":"Net income","value":"$22.1"},{"label":"EPS","value":"$0.17"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}