---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-23-000754"
form_type: "8-K"
ticker: "EXTR"
cik: "0001078271"
company_name: "EXTREME NETWORKS INC"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:07:34.010877+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Extreme Networks Q2 revenue up 13% YoY to $318M, raises FY23 outlook; CFO transition

## Summary
- Q2 revenue $318.3M (+13% YoY); GAAP EPS $0.13, Non-GAAP EPS $0.27.
- SaaS ARR $115M, up 29% YoY; free cash flow $67.5M.
- Raises FY23 revenue growth outlook to high-end of 10-15% range.
- Repurchased 2.6M shares for $49.8M at weighted avg price $19.32.
- CFO Rémi Thomas departing; SVP Finance Cristina Tate named interim CFO.

## SEC filing metadata
- accession: 0001564590-23-000754
- form_type: 8-K
- ticker: EXTR
- cik: 0001078271
- company_name: EXTREME NETWORKS INC
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1078271/000156459023000754/0001564590-23-000754-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1078271/000156459023000754/extr-8k_20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-23-000754
- JSON: https://secwatch.observer/filing/0001564590-23-000754.json
- Plain text: https://secwatch.observer/filing/0001564590-23-000754.txt

## Key facts
- Earnings Releases
  EXTREME NETWORKS INC reported second fiscal quarter ended December 31, 2022 results: revenue $318.3 million, net income $17.9 million, EPS $0.13. Guidance raised.
  - Period: second fiscal quarter ended December 31, 2022
  - Revenue: $318.3 million
  - Net income: $17.9 million
  - EPS: $0.13
  - Guidance: raised
  - Result: reported results
  source text: Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its second fiscal quarter ended December 31, 2022. Fiscal Second Quarter Results: • Revenue $318.3 million, up 13% year-over-year, and up 7% quarter-over-quarter • SaaS ARR* $115 million, up 29% year-over-year, and up 6% quarter-over-quarter • GAAP diluted EPS $0.13, compared to $0.10
  evidence_url: https://www.sec.gov/Archives/edgar/data/1078271/000156459023000754/0001564590-23-000754-index.htm

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