---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092273"
form_type: "8-K"
ticker: "EXTR"
cik: "0001078271"
company_name: "EXTREME NETWORKS INC"
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:35:22.002964+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Extreme Networks Q4 revenue $256.7M (-29% YoY), GAAP EPS -$0.42, $46.5M inventory charge

## Summary
- Q4 GAAP net loss $54.2M ($0.42 loss per share) vs net income $25.4M ($0.19 EPS) a year ago.
- Revenue $256.7M, down 29% YoY but up 22% sequentially; full year revenue $1,117.2M, down 15%.
- Recorded $46.5M excess/obsolete inventory provision in Q4 ($64.5M for FY2024), related to end-of-sale products.
- SaaS ARR reached $167M, up 29% YoY; management optimistic about return to growth in FY2025.
- Free cash flow $10.9M in Q4; cash balance $156.7M with net debt $33.3M.

## SEC filing metadata
- accession: 0000950170-24-092273
- form_type: 8-K
- ticker: EXTR
- cik: 0001078271
- company_name: EXTREME NETWORKS INC
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078271/000095017024092273/0000950170-24-092273-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078271/000095017024092273/extr-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092273
- JSON: https://secwatch.observer/filing/0000950170-24-092273.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092273.txt

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