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EXTREME NETWORKS INC — fact timeline

Source-grounded facts extracted from EXTREME NETWORKS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

EXTR EXTREME NETWORKS INC JSON
Earnings Releases

EXTREME NETWORKS INC reported third quarter of fiscal 2026 ended March 31, 2026 results: revenue $316.9 million.

“through an accelerated share repurchase, underscoring our confidence in the durability of our operating model and cash flow generation.” Fiscal Third Quarter Results: • Revenue $316.9 million, up 11% year-over-year and relatively flat quarter-over-quarter • SaaS ARR $236.4 million, up 28.6% year-over-year and 4.2% quarter-over-quarter • GAAP diluted EPS $0.08,”
Earnings Releases

EXTREME NETWORKS INC reported the quarter ended December 31, 2023 results: revenue $296.4 million, EPS $0.03.

“of our business, led by the Education vertical. This will position us to deliver improved profitability and cash flow in FY25." Fiscal Second Quarter Results: • Revenue $296.4 million, down 6.9% year-over-year • SaaS ARR $158.0 million, up 37.4% year-over-year • GAAP diluted EPS $0.03, compared to $0.13 in the prior year quarter • Non-GAAP diluted EPS $0.24,”
Earnings Releases

EXTREME NETWORKS INC reported second quarter ended December 31, 2023 results: revenue approximately $294 to $297 million. Guidance lowered.

“Second quarter revenues are now expected to be approximately $294 to $297 million, compared to the prior outlook of $312 to $327 million.”

Joe Vitalone departed as Chief Revenue Officer at EXTREME NETWORKS INC.

“Effective January 8, 2024, Joe Vitalone will no longer serve as Chief Revenue Officer of Extreme Networks, Inc.”
Governance Changes

EXTREME NETWORKS INC: Amendment to Certificate of Incorporation to update exculpation provision for officers as permitted by Delaware law (effective 2023-11-08).

“On November 8, 2023, Extreme Networks, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved an amendment to the Company’s Certificate of Incorporation (the “Amendment”), which had previously been adopted by the Company’s Board of Directors (the “Board”) subject to stockholder approval at the Annual Meeting.”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Amendment and Restatement of Restated Certificate of Incorporation to provide for officer exculpation at the 2023-11-08 meeting.

“Proposal 6 – The Amendment and Restatement of the Company’s Restated Certificate of Incorporation to provide for officer exculpation was approved: For Against Abstain Broker Non-Votes Votes 86,581,768 10,143,176 456,644 14,431,186”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Amendment and Restatement of Amended and Restated 2013 Equity Incentive Plan at the 2023-11-08 meeting.

“Proposal 5 – The Amendment and Restatement of the Company’s Amended and Restated 2013 Equity Incentive Plan was approved: For Against Abstain Broker Non-Votes Votes 79,278,960 17,544,496 358,132 14,431,186”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Ratification of Grant Thornton LLP as independent auditors for fiscal year ending June 30, 2024 at the 2023-11-08 meeting.

“Proposal 4 – The appointment of Grant Thornton LLP as independent auditors for the Company for the fiscal year ending June 30, 2024 was ratified: For Against Abstain Broker Non-Votes Votes 111,265,995 101,449 245,330 14,431,186”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-11-08 meeting.

“Proposal 3 – The advisory vote regarding the frequency of holding future advisory votes to approve the Company's named executive officers' compensation every one year was approved: 1 Year 2 Years 3 Years Abstain Broker Non-Votes Votes 93,640,470 319,250 3,029,506 192,362 14,431,186”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Advisory vote on compensation of named executive officers at the 2023-11-08 meeting.

“Proposal 2 – The compensation of the Company’s named executive officers was approved, on an advisory basis: For Against Abstain Broker Non-Votes Votes 92,686,423 4,194,693 300,472 14,431,186”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Election of seven director nominees for a one-year term at the 2023-11-08 meeting.

“Proposal 1 – The following seven director nominees were elected for a one-year term: For Withheld Broker Non-Votes Ingrid J. Burton 91,978,732 5,202,856 14,431,186 Charles P. Carinalli 88,279,989 8,901,599 14,431,186 Kathleen M. Holmgren 91,939,102 5,242,486 14,431,186 Edward H. Kennedy 92,990,385 4,191,203 14,431,186 Rajendra Khanna 96,276,429 905,159 14,431,186 Edward B. Meyercord 95,212,626 1,968,962 14,431,186 John C. Shoemaker 82,793,306 14,388,282 14,431,186”
Earnings Releases

EXTREME NETWORKS INC reported the quarter ended September 30, 2023 results: revenue $353.1 million, EPS $0.21.

“Revenue $353.1 million, up 19% year-over-year.”
Earnings Releases

EXTREME NETWORKS INC reported fourth quarter ended June 30, 2023 results: revenue $363.9 million, EPS GAAP diluted EPS $0.19, compared to $0.04 in the prior year quarter.

“Fiscal Fourth Quarter Results: • Revenue $363.9 million, up 31% year-over-year, and up 9% quarter-over-quarter • SaaS ARR $129.0 million, up 25% year-over-year, and up 10% quarter-over-quarter • GAAP diluted EPS $0.19, compared to $0.04 in the prior year quarter • Non-GAAP diluted EPS $0.33, compared to $0.15 in the prior year quarter • GAAP gross margin 58.9% compared to 55.4% in the prior year quarter • Non-GAAP gross margin 60.2% compared to 57.0% in the prior year quarter • GAAP operating margin 10.4 % compared to 3.8 % in the prior year quarter • Non-GAAP operating margin 17.4 % compared to 9.6% in the prior year quarter”
Earnings Releases

EXTREME NETWORKS INC reported fiscal year ended June 30, 2023 results: revenue $1.3 billion, EPS GAAP EPS $0.58, up from $0.33 in fiscal 2022.

“Fiscal Year 2023 Results: • Revenue $1.3 billion, up 18% compared to $1.1 billion in fiscal 2022 • GAAP EPS $0.58, up from $0.33 in fiscal 2022 • Non-GAAP EPS $1.09, up from $0.77 in fiscal 2022 • GAAP operating margin 8.3% compared to 5.8% in fiscal 2022 • Non-GAAP operating margin 15.2% compared to 12.2% in fiscal 2022”
Earnings Releases

EXTREME NETWORKS INC reported financial results for its fourth quarter and fiscal year ended June 30, 2023.

“On August 2, 2023, Extreme Networks, Inc. (the “Company”) issued a press release announcing certain financial results for its fourth quarter and fiscal year ended June 30, 2023.”
Debt Financings

EXTREME NETWORKS INC incurred revolving credit of $150 million with Bank of Montreal, as administrative agent, and the lenders party thereto at the applicable margin for SOFR loans ranges from 2.00% to 2.75% per annum maturing June 22, 2028.

“a 5-year revolving loan facility in an aggregate principal amount of $150 million”
Debt Financings

EXTREME NETWORKS INC incurred term loan of $200 million with Bank of Montreal, as administrative agent, and the lenders party thereto at the applicable margin for SOFR loans ranges from 2.00% to 2.75% per annum maturing June 22, 2028.

“The Credit Agreement provides for a 5-year first lien term loan facility in an aggregate principal amount of $200 million”
Material Agreements

EXTREME NETWORKS INC amended Second Amended and Restated Credit Agreement with BMO Harris Bank, N.A., Bank of America, N.A., JPMorgan Chase Bank, N.A., PNC Bank, National Association, Wells Fargo Bank, National Association, and Bank of Montreal valued at $200 million (effective 2023-06-22).

“On June 22, 2023, Extreme Networks, Inc., a Delaware corporation (“ Extreme ”) entered into a Second Amended and Restated Credit Agreement (the “ Credit Agreement ”), by and among Extreme, as borrower, BMO Harris Bank, N.A., as an issuing lender and swingline lender, Bank of America, N.A., JPMorgan Chase Bank, N.A., PNC Bank, National Association and Wells Fargo Bank, National Association, as issuing lenders, the financial institutions or entities party thereto as lenders, and Bank of Montreal, as administrative agent and collateral agent.”
Governance Changes

EXTREME NETWORKS INC: Amended and Restated Bylaws to remove language allowing the Chair of the Board to be an officer of the Company, in connection with updated Corporate Governance Guidelines requiring separation of Chair and CEO (effective 2023-06-06).

“On June 6, 2023, the Board of Directors (the “Board”) of Extreme Networks, Inc. (the “Company”), updated its Corporate Governance Guidelines (the “Amended Guidelines”) to require that the offices of the Company’s Chair of the Board and Chief Executive Officer be separate, subject to an exception allowing the Board to appoint the Chief Executive Officer as a Temporary Chair of the Board on an interim basis to serve during any period in which the Board is seeking an independent Chair of the Board. In connection with the adoption of the Amended Guidelines, on June 6, 2023, the Board also adopted Amended and Restated Bylaws of the Company to remove language indicating that the position of Chair of the Board may be held by an officer of the Company.”
Earnings Releases

EXTREME NETWORKS INC reported third fiscal quarter ended March 31, 2023 results: revenue $332.5 million, net income $22.1, EPS $0.17. Guidance raised.

“-- Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its third fiscal quarter ended March 31, 2023. Fiscal Third Quarter Results: • Revenue $332.5 million, up 16% year-over-year, and up 4% quarter-over-quarter • SaaS ARR* $117 million, up 22% year-over-year, and up 2% quarter-over-quarter • GAAP diluted EPS $0.17, compared to $0.10”

Kevin Rhodes was appointed as Chief Financial Officer at EXTREME NETWORKS INC.

“The Company today announced that Kevin Rhodes has been appointed as the Company’s Chief Financial Officer, effective May 30, 2023.”

Cristina Tate changed role as Interim Chief Financial Officer at EXTREME NETWORKS INC.

“Effective May 30, 2023, Cristina Tate, Interim Chief Financial Officer of Extreme Networks, Inc. (the “Company”), will cease her role as Interim Chief Financial Officer of the Company, as well as Principal Financial and Accounting Officer of the Company.”
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.

“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”

Cristina Tate was appointed as Interim Chief Financial Officer at EXTREME NETWORKS INC.

“Effective January 24, 2023, Cristina Tate was appointed as the Company’s Interim Chief Financial Officer and, effective February 16, 2023, Ms. Tate was appointed as the Company’s Principal Financial and Accounting Officer.”

Remi K. Thomas resigned as Chief Financial Officer and Executive Vice President, Finance at EXTREME NETWORKS INC.

“On January 24, 2023, Remi K. Thomas, Chief Financial Officer and Executive Vice President, Finance of Extreme Networks, Inc. (the “Company” or “Extreme”), tendered his resignation from his position with the Company effective February 16, 2023 to pursue a senior executive finance position outside of the networking industry.”
Governance Changes

EXTREME NETWORKS INC: Amendment and restatement of bylaws to eliminate supermajority vote requirement, update provisions related to DGCL changes, and other clean up revisions (effective 2022-11-17).

“The Board had also previously approved, contingent upon the approval and effectiveness of the Amended and Restated Charter, amendments to the Existing Bylaws (the “Amended and Restated Bylaws”), which such Amended and Restated Bylaws became effective upon the filing and effectiveness of the Amended and Restated Charter.”
Governance Changes

EXTREME NETWORKS INC: Amendment and restatement of certificate of incorporation to adopt simple majority voting standard and eliminate supermajority provisions (effective 2022-11-17).

“on November 17, 2022, the stockholders of Extreme Networks, Inc. (“Extreme” or the “Company”) approved an amendment and restatement (the “Amended and Restated Charter”) of the Company’s restated certificate of incorporation (the “Existing Charter”) to institute a simple majority voting standard, which such Amended and Restated Charter was filed by the Company with the Secretary of State of the State of Delaware on November 17, 2022 and became effective the same day.”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Approval of the Amendment and Restatement of the Company's Restated Certificate of Incorporation to adopt simple majority voting provisions at the 2022-11-17 meeting.

“Proposal 5 – The Amendment and Restatement of the Company’s Restated Certificate of Incorporation to adopt simple majority voting provisions was approved: For Against Abstain Broker Non-Votes Votes 104,685,229 227,037 438,639 14,106,858”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Approval of the Amendment and Restatement of the Company's Amended and Restated 2013 Equity Incentive Plan at the 2022-11-17 meeting.

“Proposal 4 – The Amendment and Restatement of the Company’s Amended and Restated 2013 Equity Incentive Plan was approved: For Against Abstain Broker Non-Votes Votes 90,312,172 14,516,045 522,688 14,106,858”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Ratification of Grant Thornton LLP as independent auditors for fiscal year ending June 30, 2023 at the 2022-11-17 meeting.

“Proposal 3 – The appointment of Grant Thornton LLP as independent auditors for the Company for the fiscal year ending June 30, 2023 was ratified: For Against Abstain Votes 118,911,291 123,889 422,583”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Advisory approval of the compensation of the Company's named executive officers at the 2022-11-17 meeting.

“Proposal 2 – The compensation of the Company’s named executive officers was approved, on an advisory basis: For Against Abstain Broker Non-Votes Votes 102,844,321 1,893,505 613,079 14,106,858”
Shareholder Votes

EXTREME NETWORKS INC shareholders approved Election of seven director nominees for a one-year term at the 2022-11-17 meeting.

“Proposal 1 – The following seven director nominees were elected for a one-year term: For Withheld Broker Non-Votes Charles P. Carinalli 100,929,617 4,421,288 14,106,858 Kathleen M. Holmgren 102,417,509 2,933,396 14,106,858 Rajendra Khanna 104,735,608 615,297 14,106,858 Edward H. Kennedy 103,680,754 1,670,151 14,106,858 Edward B. Meyercord 103,706,371 1,644,534 14,106,858 John C. Shoemaker 101,346,717 4,004,188 14,106,858 Ingrid J. Burton 102,527,782 2,823,123 14,106,858”
Earnings Releases

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.

“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”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.