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AI brief of an SEC Form 8-K · Extreme Networks (EXTR)

Extreme Networks Q1 revenue falls 23.8% to $269.2 million; GAAP loss of $0.08 a share

Mixed Impact 3 of 5 earnings Written later

Extreme Networks reported first quarter fiscal 2025 results for the period ended September 30, 2024, with revenue of $269.2 million, down 23.8% from $353.1 million a year earlier but up 4.9% from the prior quarter. The company posted a GAAP net loss of $10.5 million, or $0.08 per share, compared with GAAP diluted earnings of $0.21 per share a year earlier. It guided to second quarter revenue of $273.0 million to $283.0 million and full fiscal 2025 revenue of $1,117.0 million to $1,137.0 million, which shareholders will weigh against the year-over-year decline.

Key points

  • Revenue was $269.2 million, down from $353.1 million a year earlier and up 4.9% sequentially
  • GAAP net loss was $10.5 million, or $0.08 per share; non-GAAP diluted EPS was $0.17 versus $0.35 a year earlier
  • Second quarter fiscal 2025 revenue guidance is $273.0 million to $283.0 million; non-GAAP EPS guidance is $0.16 to $0.20
  • Full fiscal 2025 revenue guidance is $1,117.0 million to $1,137.0 million

The filing

CompanyExtreme Networks (EXTR)
Form8-K, current report
Filed with the SECOct 30, 2024, 7:11 AM ET
Accession number0000950170-24-118589

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.