Extreme Networks Inc Stock Price, News & Analysis

Extreme Networks (Nasdaq: EXTR) announces its role as the Official Wi-Fi Analytics Provider for Super Bowl LVI, taking place on February 13, 2022, at SoFi Stadium, California. This marks the company's ninth consecutive Super Bowl. ExtremeAnalytics™, utilized in 29 NFL stadiums, helps optimize venue operations and enhances fan experiences through data analytics. SoFi Stadium expects over 70,000 attendees, with insights showing an 80% take rate of fans connected during the last Super Bowl. Extreme's solutions offer real-time analytics for improved connectivity and experience.

Extreme Networks (Nasdaq: EXTR) has announced a multiyear partnership with the NHL, becoming the Official Wi-Fi Analytics Provider and Wi-Fi Partner in the U.S. through 2026. This collaboration will see the deployment of ExtremeAnalytics™ at select NHL arenas, enhancing network performance visibility and providing actionable insights for improving fan experiences. The partnership is expected to streamline venue operations and elevate game-day engagement through advanced Wi-Fi 6 access points. Extreme's solutions will help monitor network efficiency and capacity, benefiting NHL IT teams.

Extreme Networks (EXTR) has formed a multiyear partnership with Manchester United to serve as the Official Wi-Fi Network Solutions Provider. The installation of Extreme Wi-Fi 6 access points at Old Trafford aims to enhance the fan experience through fast and reliable connectivity. Key features include real-time analytics for improved venue operations, high-speed wireless for high-density environments, and a cloud-managed networking solution for efficient monitoring. This collaboration is expected to modernize the stadium experience, offering fans next-generation digital services on matchdays.

Extreme Networks, Inc. (Nasdaq: EXTR) announced it will release its financial results for the second fiscal quarter ended December 31, 2021, on January 27, 2022, before market open. This will be followed by a conference call at 8:00 a.m. ET. The call will be available via live webcast and can be accessed through the company's investor relations page.

Investors and interested parties are encouraged to participate in the earnings call to gain insights into the company’s financial performance and future outlook.

Extreme Networks (Nasdaq: EXTR) and NetNordic have launched a major cloud-managed network in Borås Stad, Sweden, turning it into a smart city. The initiative enhances public Wi-Fi access, benefiting citizens, local government, and healthcare services. With approximately 3,500 ExtremeWireless Wi-Fi 6 Access Points, the city achieves improved connectivity and streamlined network management. This advancement supports digital initiatives, enhances quality of life, and fosters economic growth.

Extreme Networks has launched Extreme Trusted Delivery, a carrier-grade solution aimed at enhancing the security and performance of critical network infrastructures. This technology is crucial for service providers transitioning from legacy systems, allowing them to verify hardware and software without service interruptions. With cyberattacks on the rise, this solution provides vital protections against supply chain threats. The Extreme 8000 Series switches, including the 8520 and 8720, will support this new capability.

Extreme Networks (Nasdaq: EXTR) has launched new solutions eligible for the E-Rate program, aimed at K-12 schools and public libraries in the US. These solutions include Wi-Fi 6E access points, fabric switching, network analytics, and cloud networking services. This initiative is part of Extreme's commitment to bridge the digital divide in education, facilitating better connectivity and technology integration in classrooms. With deployments in thousands of school districts globally, Extreme aims to support modern teaching methods, enhancing learning experiences for students and educators alike.

Extreme Networks (Nasdaq: EXTR) has been named a Leader in the 2021 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, marking its fourth consecutive year in this position. The company reported a remarkable 96% year-on-year growth in subscription bookings, becoming the fastest-growing player in its category. The recent acquisition of Ipanema is expected to enhance its ExtremeCloud offering with SD-WAN capabilities, further boosting its SaaS business. Extreme also achieved a customer satisfaction rating of 4.7 out of 5 in Gartner Peer Insights.

Extreme Networks (Nasdaq: EXTR) has announced its investor conference schedule for November and December 2021. Key events include the Needham Virtual Security, Networking, & Communications Conference on November 16, featuring CEO Ed Meyercord, and the 12th Annual Craig-Hallum Alpha Select Virtual Conference on the same day with CFO Rémi Thomas. Additionally, the 13th Annual Southwest IDEAS Investor Conference will take place in Dallas on November 18, and the Raymond James Virtual Technology Investors Conference on December 8. Live webcasts will be available on their website.