{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-009144","form_type":"8-K","ticker":"EXTR","cik":"0001078271","company_name":"EXTREME NETWORKS INC","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.306392+00:00","generated_at":"2026-06-06T12:49:15.325412+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Extreme Networks Q2 revenue down 6.9% YoY; GAAP EPS $0.03, non-GAAP $0.24","bullets":["Revenue $296.4M, down 6.9% YoY; SaaS ARR $158M, up 37.4% YoY.","GAAP diluted EPS $0.03 vs $0.13; non-GAAP diluted EPS $0.24 vs $0.27.","GAAP gross margin 61.9% (vs 57.1%); non-GAAP gross margin 62.5% (vs 58.5%).","Generated $34.3M operating cash flow; repurchased 1.5M shares for $25M.","Q3 outlook: expects higher sell-through than sell-in, plans cost actions; expects sequential growth in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-009144","json":"https://secwatch.observer/filing/0000950170-24-009144.json","markdown":"https://secwatch.observer/filing/0000950170-24-009144.md","text":"https://secwatch.observer/filing/0000950170-24-009144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078271/000095017024009144/0000950170-24-009144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078271/000095017024009144/extr-20240131.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T12:49:15.325412+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":"1add44e172c08f12ddc08a0acfedb6cf87921d5b","claim":"EXTREME NETWORKS INC reported the quarter ended December 31, 2023 results: revenue $296.4 million, EPS $0.03.","evidence_excerpt":"of our business, led by the Education vertical. This will position us to deliver improved profitability and cash flow in FY25.\" Fiscal Second Quarter Results: • Revenue $296.4 million, down 6.9% year-over-year • SaaS ARR $158.0 million, up 37.4% year-over-year • GAAP diluted EPS $0.03, compared to $0.13 in the prior year quarter • Non-GAAP diluted EPS $0.24,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078271/000095017024009144/0000950170-24-009144-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Revenue","value":"$296.4 million"},{"label":"EPS","value":"$0.03"},{"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"}