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Extreme Networks Inc. - EXTR STOCK NEWS

Welcome to our dedicated news page for Extreme Networks (Ticker: EXTR), a resource for investors and traders seeking the latest updates and insights on Extreme Networks.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Extreme Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Extreme Networks's position in the market.

News
Extreme Introduces Extreme Labs: A Hub for Research, Development and Innovation in Networking
Rhea-AI Summary
Extreme Networks, Inc. (Nasdaq: EXTR) introduces Extreme Labs, a hub for research, development, and innovation in networking. The launch of Extreme Labs signifies a commitment to creativity, collaboration, and cutting-edge technology in fueling innovation of early-stage technologies. This dynamic ecosystem showcases technology innovation nearing commercial availability, driving the prioritization of impactful technology development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
Tags
none
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News
Extreme Networks Revolutionizes Outdoor Connectivity with Wi-Fi 6E Certification
Rhea-AI Summary
Extreme Networks, Inc. (Nasdaq: EXTR) leads the way in outdoor Wi-Fi 6E deployments with standard power grant, providing faster speeds, expanded coverage, and improved performance for customers like Cedar Fair, San Francisco Giants, and BYU. The AP5050 Universal Wi-Fi 6E access points deliver secure cloud-based Automated Frequency Coordination for enhanced connectivity in outdoor environments, such as stadiums and university campuses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.36%
Tags
none
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News
Experience the Intersection of AI, Networking and Security at Extreme Connect in Fort Worth, Texas, April 22-25, 2024
Rhea-AI Summary
Extreme Networks, Inc. announces its annual user conference, Extreme Connect, to be held in Fort Worth, Texas from April 22-25, 2024. The event will showcase the latest in networking innovations, AI, and security, featuring live demonstrations, breakout sessions, and insights from industry experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.02%
Tags
AI
News
Extreme Networks Schedules Third Quarter Fiscal 2024 Financial Results Conference Call
Rhea-AI Summary
Extreme Networks, Inc. (Nasdaq: EXTR) is set to release its financial results for the third fiscal quarter ending March 31, 2024. The announcement will be made on May 1, 2024, followed by an earnings conference call and webcast at 8:00 a.m. ET. Investors can access the webcast through the provided link and are encouraged to dial in early for the conference call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.69%
Tags
earnings
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News
Extreme Networks a Leader in 2024 Gartner® Magic Quadrant™ for Enterprise Wired and Wireless LAN Infrastructure
Rhea-AI Summary
Extreme Networks, Inc. (EXTR) has been named a Leader by Gartner, Inc. for the sixth consecutive time in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure. Extreme's innovative solutions, including Wi-Fi 7 access points, cloud-managed switches, and networking cloud continuum, have been praised for enhancing security and simplifying network management. Customers choose Extreme for its end-to-end network fabric, simplified cloud management with AIOps, secure networking solutions, and flexible licensing models.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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none
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News
Extreme Extends Dominant Position in Enterprise Network Fabric with More Than 5,000 Global Customer Deployments Worldwide
Rhea-AI Summary
Extreme Networks, Inc. (EXTR) announced that their Fabric solutions have significantly improved operational efficiency, network security, and business transformation for various customers worldwide. The solutions have been successfully deployed at events like GITEX 2023 and in organizations like San Diego Community College, Volkswagen Poznań, and Dr. Sulaiman Habib Medical Group, showcasing benefits such as hyper-segmentation, zero-touch provisioning, increased automation, and simplified network management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
none
News
Extreme Networks Announces Investor Conference Schedule for February and March 2024
Rhea-AI Summary
Extreme Networks, Inc. (EXTR) announces its investor conference schedule for February and March 2024, including participation in Susquehanna Financial Group's 13th Annual Technology Conference and Morgan Stanley Technology, Media & Telecom Conference. The company's EVP & CFO and VP Corporate Strategy & Investor Relations will be conducting meetings at both events. Live webcasts will be available on the Extreme Networks website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
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none
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News
Extreme Networks Reports Second Quarter Fiscal Year 2024 Financial Results
Rhea-AI Summary
Extreme Networks, Inc. (EXTR) released financial results for its second quarter, with revenue at $296.4 million, down 6.9% year-over-year. Despite lower revenue, the company improved its gross margins and operating expenses. Extreme also announced new hardware solutions and partnerships, aiming for a return to meaningful growth in FY25.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.81%
Tags
earnings
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News
Extreme Networks Introduces New Cloud-Managed Universal Wi-Fi 7 Access Point, Industry’s Easiest to Deploy/Provision Switches
Rhea-AI Summary
Extreme Networks, Inc. introduces two new solutions, the AP5020 and 4000 Series cloud-managed switches, to help highly distributed enterprise organizations improve network connectivity, security, and application performance. The AP5020 is a Wi-Fi 7 Universal access point designed to support high-bandwidth, latency-sensitive applications and IoT devices. It offers PoE failover and a dedicated 2x2 security sensor for wireless intrusion prevention. The 4000 Series switches include Instant Stacking, Instant Port, and Instant Secure Port features, reducing the time it takes to deploy and manage new switches. Both solutions leverage AIOps and machine learning features of the ExtremeCloud IQ cloud management platform to proactively identify network issues and make recommendations to reduce IT time to resolution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.52%
Tags
none
News
Revolutionizing Connectivity: E-Rate Eligible Solutions from Extreme Networks Unleash the Power of Secure Networking and AI for K-12 Schools
Rhea-AI Summary
Extreme Networks, Inc. (Nasdaq: EXTR) has expanded its list of E-Rate eligible solutions for K-12 schools and public libraries, offering AIOps, increased bandwidth, lower latency, and enhanced network security. The program aims to make telecommunications and information services more affordable for schools and libraries, allowing them to modernize infrastructure and support smart campus initiatives. Extreme's Wi-Fi access points and Universal switches are eligible for E-Rate, delivering high-bandwidth Wi-Fi solutions and secure wired connectivity. ExtremeCloud™ SD-WAN and ExtremeCloud IQ CoPilot provide simplified management for distributed users and ensure optimal application performance. The company also offers tailored 24/7/365 support to help customers navigate the E-Rate application process and access technical assistance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
Tags
AI
Stock EXTR logo
Extreme Networks Inc.

Nasdaq:EXTR

EXTR Rankings

#2119 Ranked by Market Cap
#1096 Ranked by Stock Gains
N/A Ranked by Dividends

EXTR Stock Data

1.38B
125.09M
2.64%
92.56%
9.12%
Telephone Apparatus Manufacturing
Manufacturing
Link
US
San Jose

About EXTR

extreme networks, inc. (extr) delivers software-driven networking solutions that help it departments everywhere deliver the ultimate business outcome: stronger connections with customers, partners and employees. wired to wireless, desktop to data center, on-premise or through the cloud, we go to extreme measures for our 20,000-plus customers in more than 80 countries, delivering 100% insourced call-in technical support to organizations large and small, including some of the world's leading names in business, education, government, healthcare, manufacturing, and hospitality. founded in 1996, extreme is headquartered in san jose, california. for more information, visit extreme's website or call 1-888-257-3000.