earnings
confidence high
sentiment neutral
materiality 0.70
Extreme Networks Q2 FY25 revenue $279.4M, down 5.7% YoY; EPS $0.06 GAAP, $0.21 non-GAAP
EXTREME NETWORKS INC
2025-Q2 EPS
reported -$0.02
vs consensus $0.23
▼ miss
(-108.7%)
- Revenue $279.4M, down 5.7% YoY but up 3.8% sequentially; SaaS ARR $181.1M, +14.4% YoY.
- GAAP diluted EPS $0.06; non-GAAP diluted EPS $0.21; non-GAAP operating margin 14.7%.
- Q2 cash from ops $21.5M, FCF $16.1M; net debt $14.7M down from $28M in prior quarter.
- Guidance: better-than-seasonal Q3 revenue at midpoint; FY25 revenue growth and higher margins expected.
- Introduced Extreme Platform ONE with integrated AI agents and security; multiple new customer wins.