{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-036775","form_type":"8-K","ticker":"EXTR","cik":"0001078271","company_name":"EXTREME NETWORKS INC","filed_at":"2023-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.089421+00:00","generated_at":"2026-06-12T11:18:11.881302+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 Q4 revenue $363.9M (+31% YoY); GAAP EPS $0.19; FY23 revenue $1.3B (+18%)","bullets":["Q4 revenue $363.9M (+31% YoY); GAAP EPS $0.19 (vs $0.04); non-GAAP EPS $0.33 (vs $0.15).","FY23 revenue $1.3B (+18% YoY); GAAP EPS $0.58 (up from $0.33); non-GAAP EPS $1.09 (up from $0.77).","SaaS ARR $129M (+25% YoY). Free cash flow $235.4M for the year, doubling prior year.","Ended year with net cash $9.8M; repurchased $100M shares and paid down $80M debt.","Management expects continued strong growth in FY24."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-036775","json":"https://secwatch.observer/filing/0000950170-23-036775.json","markdown":"https://secwatch.observer/filing/0000950170-23-036775.md","text":"https://secwatch.observer/filing/0000950170-23-036775.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023036775/0000950170-23-036775-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023036775/extr-20230802.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T11:18:11.881302+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":"80d8d2f1aa1c653cfdfdb1471b9eeeb82b4e3c9a","claim":"EXTREME NETWORKS INC reported financial results for its fourth quarter and fiscal year ended June 30, 2023.","evidence_excerpt":"On August 2, 2023, Extreme Networks, Inc. (the “Company”) issued a press release announcing certain financial results for its fourth quarter and fiscal year ended June 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023036775/0000950170-23-036775-index.htm","confidence":0.4,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its fourth quarter and fiscal year ended June 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ab0eae08262da4d584c878cf8de6dce1723b8c97","claim":"EXTREME NETWORKS INC reported fourth quarter ended June 30, 2023 results: revenue $363.9 million, EPS GAAP diluted EPS $0.19, compared to $0.04 in the prior year quarter.","evidence_excerpt":"Fiscal Fourth Quarter Results: • Revenue $363.9 million, up 31% year-over-year, and up 9% quarter-over-quarter • SaaS ARR $129.0 million, up 25% year-over-year, and up 10% quarter-over-quarter • GAAP diluted EPS $0.19, compared to $0.04 in the prior year quarter • Non-GAAP diluted EPS $0.33, compared to $0.15 in the prior year quarter • GAAP gross margin 58.9% compared to 55.4% in the prior year quarter • Non-GAAP gross margin 60.2% compared to 57.0% in the prior year quarter • GAAP operating margin 10.4 % compared to 3.8 % in the prior year quarter • Non-GAAP operating margin 17.4 % compared to 9.6% in the prior year quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023036775/0000950170-23-036775-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended June 30, 2023"},{"label":"Revenue","value":"$363.9 million"},{"label":"EPS","value":"GAAP diluted EPS $0.19, compared to $0.04 in the prior year quarter"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"fca41aae019ac915ee43041b20c6cbbf27ae8709","claim":"EXTREME NETWORKS INC reported fiscal year ended June 30, 2023 results: revenue $1.3 billion, EPS GAAP EPS $0.58, up from $0.33 in fiscal 2022.","evidence_excerpt":"Fiscal Year 2023 Results: • Revenue $1.3 billion, up 18% compared to $1.1 billion in fiscal 2022 • GAAP EPS $0.58, up from $0.33 in fiscal 2022 • Non-GAAP EPS $1.09, up from $0.77 in fiscal 2022 • GAAP operating margin 8.3% compared to 5.8% in fiscal 2022 • Non-GAAP operating margin 15.2% compared to 12.2% in fiscal 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078271/000095017023036775/0000950170-23-036775-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended June 30, 2023"},{"label":"Revenue","value":"$1.3 billion"},{"label":"EPS","value":"GAAP EPS $0.58, up from $0.33 in fiscal 2022"},{"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"}