---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-050891"
form_type: "8-K"
ticker: "EXTR"
cik: "0001078271"
company_name: "EXTREME NETWORKS INC"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T01:56:51.435854+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Extreme Networks Q3 FY2024 revenue $211M (-36.5% YoY); GAAP EPS -$0.50

## Summary
- Revenue $211M, down 36.5% YoY; GAAP diluted EPS ($0.50) vs $0.17 prior year.
- Non-GAAP diluted EPS ($0.19) vs $0.29; non-GAAP operating margin (12.2%).
- SaaS ARR $162M, up 38% YoY; double-digit net new logo growth, led by Americas.
- Cash $151M, net debt $41.5M; free cash flow negative $73.6M for Q3.
- Expects sequential revenue growth in Q4 but industry impacted by customer inventory digestion; targeting FY25 growth.

## SEC filing metadata
- accession: 0000950170-24-050891
- form_type: 8-K
- ticker: EXTR
- cik: 0001078271
- company_name: EXTREME NETWORKS INC
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1078271/000095017024050891/0000950170-24-050891-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078271/000095017024050891/extr-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-050891
- JSON: https://secwatch.observer/filing/0000950170-24-050891.json
- Plain text: https://secwatch.observer/filing/0000950170-24-050891.txt

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