{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-22-035354","form_type":"8-K","ticker":"EXTR","cik":"0001078271","company_name":"EXTREME NETWORKS INC","filed_at":"2022-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.536040+00:00","generated_at":"2026-06-22T23:27:45.903394+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Extreme Networks reports record Q1 revenue $297.7M (+11% YoY); SaaS ARR up 41% to $111M","bullets":["Revenue $297.7M, record; SaaS ARR $111M (+41% YoY); GAAP diluted EPS $0.09, Non-GAAP $0.20.","GAAP gross margin 56.0%, Non-GAAP 57.6%, up QoQ; operating margin improved to 5.8% GAAP, 12.1% Non-GAAP.","Free cash flow $46.6M; retired $37M of debt; net debt down to $73.2M from $114.1M in prior quarter.","Backlog $555M; reiterates FY23 revenue growth outlook of 10-15%; expects >60% gross margin in H2.","Customer wins: Hana Bank, Minor League Baseball, major Las Vegas casino, Ministry of Justice France."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-22-035354","json":"https://secwatch.observer/filing/0001564590-22-035354.json","markdown":"https://secwatch.observer/filing/0001564590-22-035354.md","text":"https://secwatch.observer/filing/0001564590-22-035354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1078271/000156459022035354/0001564590-22-035354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1078271/000156459022035354/extr-8k_20221027.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T23:27:45.903394+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"06ccae9150a21ab53bd418c3c2647089505c17a6","claim":"EXTREME NETWORKS INC reported first fiscal quarter ended September 30, 2022 results: revenue $297.7 million, net income $12.6 million, EPS $0.09. Guidance reaffirmed.","evidence_excerpt":"Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its first fiscal quarter ended September 30, 2022. Fiscal First Quarter Results: • Revenue $297.7 million, up 11% year-over-year, and up 7% quarter-over-quarter • SaaS ARR* $111.0 million, up 41% year-over-year, and up 8% quarter-over-quarter • GAAP diluted EPS $0.09, compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1078271/000156459022035354/0001564590-22-035354-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter ended September 30, 2022"},{"label":"Revenue","value":"$297.7 million"},{"label":"Net income","value":"$12.6 million"},{"label":"EPS","value":"$0.09"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}