---
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"
generated_at: "2026-06-16T11:37:38.670041+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Extreme Networks Q3 FY23 revenue $332.5M (+16% YoY), raises FY23 outlook

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-014563
- JSON: https://secwatch.observer/filing/0000950170-23-014563.json
- Plain text: https://secwatch.observer/filing/0000950170-23-014563.txt

## Key facts
- Earnings Releases
  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.
  - Period: third fiscal quarter ended March 31, 2023
  - Revenue: $332.5 million
  - Net income: $22.1
  - EPS: $0.17
  - Guidance: raised
  - Result: reported results
  source text: -- 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_url: https://www.sec.gov/Archives/edgar/data/1078271/000095017023014563/0000950170-23-014563-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.