secwatch.observer — SEC 8-K summary
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Issuer:     EXTREME NETWORKS INC (EXTR)
CIK:        0001078271
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000950170-25-060571
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Extreme Networks Q3 revenue $285M (+34.8% YoY), GAAP EPS $0.03, Non-GAAP EPS $0.21
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- Revenue $284.5M, up 34.8% YoY and 1.8% QoQ; fourth consecutive quarter of sequential revenue growth.
- GAAP diluted EPS $0.03 vs -$0.50; Non-GAAP diluted EPS $0.21 vs -$0.19; GAAP gross margin 61.7% vs 56.8%.
- SaaS ARR $184M, +13.4% YoY; operating cash flow $30M, free cash flow $24.2M in Q3.
- Cash $185.5M, net cash $3.0M; share repurchases $13M (853K shares) during quarter.
- Guidance expects FY2025 year-over-year topline growth; Platform ONE pre-orders near 100 customers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1078271/000095017025060571/0000950170-25-060571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1078271/000095017025060571/extr-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-060571

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