secwatch.observer — SEC 8-K summary
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Issuer:     EXTREME NETWORKS INC (EXTR)
CIK:        0001078271
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001564590-22-015866
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Extreme Networks Reports Q3 Fiscal 2022 Results with Record Revenue and SaaS ARR
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- Revenue $285.5M, up 13% YoY; SaaS ARR $97M, up 54% YoY.
- Product backlog exceeds $425 million; expects FY23 revenue growth of 10-15%.
- GAAP EPS $0.10 vs $0.03; Non-GAAP EPS $0.21 vs $0.16.
- Recent wins: smart city in Sweden, Marriott Greater China, multiple school districts, five MLB stadiums.
- Hosting investor day on May 18, 2022 at MLB headquarters in NYC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1078271/000156459022015866/0001564590-22-015866-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1078271/000156459022015866/extr-8k_20220427.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-015866

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer