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Dec 31, 2024
Extreme Networks Q2 2025 Earnings Report
Sequential revenue growth and earnings above guidance were driven by consistent execution.
Key Takeaways
Extreme Networks reported Q2 fiscal year 2025 financial results, demonstrating continued market recovery in enterprise networking and marking the third consecutive quarter of sequential revenue growth. The company's competitive win rates improved, especially with larger enterprise customers, due to the simplicity and feature differentiation of their cloud networking platform and enterprise campus fabric solution.
Revenue reached $279.4 million, a 5.7% decrease year-over-year but a 3.8% increase quarter-over-quarter.
SaaS ARR was $181.1 million, up 14.4% year-over-year and 4.0% quarter-over-quarter.
GAAP diluted EPS was $0.06, compared to $0.03 last year.
Non-GAAP diluted EPS was $0.21, compared to $0.24 last year.
Extreme Networks
Extreme Networks
Extreme Networks Revenue by Segment
Revenue by Segment
Product Revenue
CapyFin.com Forward Guidance
For its third quarter of fiscal 2025, ending March 31, 2025, the Company is targeting revenue between $276.0 million and $284.0 million.
Positive Outlook
- Total net revenue between $276.0 million and $284.0 million.
- Gross margin between 61.2% and 62.2%.
- Operating margin between 0.0% and 2.1%.
- Earnings (Loss) per share between ($0.04) and $0.00.
- Non-GAAP earnings per share between $0.16 and $0.20.