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

Extreme Networks Q1 revenue up 10% to $341.1 million; non-GAAP EPS up 50%

Positive Impact 3 of 5 earnings

Extreme Networks reported first-quarter fiscal 2027 revenue of $341.1 million, up 10% from a year earlier, and GAAP net income of $16.0 million, or $0.12 per diluted share, versus $0.04 a year earlier. The company guided fiscal second-quarter revenue to $345.8 million to $350.8 million and full-year fiscal 2027 revenue to $1,402.3 million to $1,412.3 million, and it repurchased $25.0 million of stock during the quarter.

Key points

  • Revenue $341.1 million, up 10%; SaaS ARR $264.7 million, up 22% year over year
  • GAAP diluted EPS $0.12 versus $0.04; non-GAAP diluted EPS $0.33, up 50%
  • Q2 fiscal 2027 guidance: revenue $345.8 million to $350.8 million; non-GAAP EPS $0.32 to $0.34
  • Full-year fiscal 2027 guidance: revenue $1,402.3 million to $1,412.3 million; non-GAAP EPS $1.35 to $1.39

The filing

CompanyExtreme Networks (EXTR)
Form8-K, current report
Filed with the SECOct 28, 2026, 7:29 AM ET
Accession number0001193125-26-435112

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:17 PM ET, from the text of the filing and its press-release exhibits only.

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