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Extreme Networks - EXTR STOCK NEWS

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

Extreme Networks, Inc. (EXTR) is a leading provider of software-driven networking solutions aimed at enhancing business operations by facilitating stronger connections among customers, partners, and employees. Founded in 1996 and headquartered in San Jose, California, Extreme Networks serves over 20,000 customers across more than 80 countries.

Extreme Networks offers a comprehensive range of products and services, including wired and wireless network infrastructure equipment and advanced software for network management, policy enforcement, analytics, and access controls. The company's solutions are designed to address the networking needs of various sectors, including business, education, government, healthcare, manufacturing, and hospitality.

Key offerings from Extreme Networks include high-density Wi-Fi solutions, centralized and cloud-based network management systems, and application analytics. These products are engineered to support both on-premise and cloud-based deployments, ensuring flexibility and scalability to meet diverse client requirements.

With a commitment to customer support, Extreme Networks provides 100% insourced call-in technical assistance, catering to organizations of all sizes. The company's customer base includes some of the world's leading enterprises, reinforcing its reputation for reliability and innovation in the networking industry.

Extreme Networks continues to drive growth and innovation through strategic partnerships and cutting-edge projects. The company's financial performance is bolstered by its significant presence in the Americas, which generates approximately half of its revenue, with the remainder coming from Europe, the Middle East, Africa, and the Asia-Pacific region. For more details, visit Extreme's website or call 1-888-257-3000.

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Extreme Networks (Nasdaq: EXTR) announced the launch of its new enterprise-grade Wi-Fi 6E access point, the Extreme AP4000, capable of operating in the 6 GHz frequency spectrum. Designed for high-density environments like schools and healthcare facilities, the AP4000 enhances connectivity and security while supporting a dense device population. Priced from $999 USD, this access point provides advanced features including high-efficiency data rates up to 3.9 Gbps and low latency connections. This launch positions Extreme as a leader in Wi-Fi 6E deployment.

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Extreme Networks (Nasdaq: EXTR) has appointed Calvin Rowland as Senior Vice President of Software-as-a-Service (SaaS). With over 25 years of experience, including leadership roles at F5 Networks, Rowland will drive SaaS initiatives and foster ecosystem programs. His expertise is expected to enhance Extreme's SaaS portfolio and consumer-centric solutions. Nabil Bukhari, CTO of Extreme, emphasized the significance of consumer-centric leadership in evolving their networking solutions. Rowland's proven track record includes building strategic alliances with major tech companies.

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Extreme Networks (EXTR) has announced the release date for its fourth fiscal quarter and year-end 2021 financial results, set for July 28, 2021, before market open. A conference call will occur at 8:00 a.m. ET the same day, allowing stakeholders to hear about the company's financial performance and outlook. The event can be accessed via the provided link, and a recording will be available for seven days post-conference. This update highlights the company's continued transparency with investors regarding its financial health.

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Extreme Networks (Nasdaq: EXTR), a leader in cloud-driven networking, has been identified as the second-ranking vendor in the cloud-managed network services market by 650 Group. With a remarkable 101% growth year-over-year, Extreme outpaces the overall market growth of 38%. Its cloud management platform, ExtremeCloud IQ, is currently trusted to manage nearly 1.6 million network devices daily and is notable for its compliance with key security certifications. The company anticipates ongoing market expansion fueled by innovations in AI and analytics.

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Extreme Networks, Inc. (Nasdaq: EXTR) announced the launch of the Extreme 9000 series, featuring the Extreme 9920 intelligent network visibility platform. Set for general availability in June 2021, the 9920 is designed with cloud-native principles for enhanced scalability, traffic aggregation, and advanced network packet processing. Key features include a flexible and scalable design, cloud-native composability, and a microservices API-first management. This innovation aims to support service providers in adapting to emerging 5G use cases and dynamic network demands.

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Extreme Networks (Nasdaq: EXTR) has launched a public beta of ExtremeCloud™ IQ CoPilot, an AI-driven tool aimed at assisting IT network administrators. Set to enhance productivity, CoPilot promises to deliver explainable AI insights that tackle complex network issues with a 99% accuracy rate, minimizing false alarms. From June 2021, Pilot subscribers will gain automatic access to personalized recommendations. The platform, managing nearly 1.6 million network devices daily, supports compliance with regulations like GDPR and is recognized for its cloud-agnostic capabilities across major platforms.

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Extreme Networks, Inc. (Nasdaq: EXTR) has announced its annual user conference, Extreme Connect, scheduled to take place virtually on May 26-27, 2021. The conference will feature keynotes from company executives, more than 30 sessions on topics like cloud migration and zero-trust security, and opportunities for networking. Attendees will gain insights into the company's roadmap and receive advice on maximizing their investments in Extreme products. The event is free and includes a mix of educational and entertainment activities.

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Extreme Networks (Nasdaq: EXTR) has partnered with DWE ICT to implement a cloud-managed Wi-Fi 6 network at the Hard Rock Hotel Amsterdam American. This upgrade enhances guest connectivity and simplifies network management for the hotel's IT team. The 173-room hotel faced challenges with legacy wireless technology, but the new network supports advanced services such as contactless check-ins and in-room dining. The deployment has led to a significant reduction in Wi-Fi-related helpdesk tickets and improved overall performance, aligning with modern technological demands in hospitality.

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On May 5, 2021, Extreme Networks (Nasdaq: EXTR) announced new sales leadership in the Americas and APJC regions. Paul Semak was appointed Senior Vice President of Americas Sales, bringing over 25 years of experience from Cisco. Jeff Hurmuses took on the role of Vice President of APJC Sales, previously leading significant market entries at Malwarebytes. Both leaders aim to drive growth as the company embraces digital transformation and cloud networking trends, with Semak emphasizing potential expansion in Canada and Latin America.

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FAQ

What is the current stock price of Extreme Networks (EXTR)?

The current stock price of Extreme Networks (EXTR) is $14.93 as of October 31, 2024.

What is the market cap of Extreme Networks (EXTR)?

The market cap of Extreme Networks (EXTR) is approximately 2.0B.

What does Extreme Networks, Inc. do?

Extreme Networks, Inc. provides software-driven networking solutions, including wired and wireless network infrastructure, network management software, policy enforcement, analytics, and access controls.

When was Extreme Networks founded?

Extreme Networks was founded in 1996.

Where is the headquarters of Extreme Networks located?

The headquarters of Extreme Networks is located in San Jose, California.

What industries does Extreme Networks serve?

Extreme Networks serves multiple industries, including business, education, government, healthcare, manufacturing, and hospitality.

How many customers does Extreme Networks have?

Extreme Networks serves over 20,000 customers in more than 80 countries.

What are some key products offered by Extreme Networks?

Key products include high-density Wi-Fi solutions, centralized and cloud-based network management systems, and application analytics.

Does Extreme Networks provide customer support?

Yes, Extreme Networks offers 100% insourced call-in technical support to its customers.

What is the revenue distribution of Extreme Networks?

Approximately half of the company's revenue is generated in the Americas, with the remainder coming from Europe, the Middle East, Africa, and the Asia-Pacific region.

How can I contact Extreme Networks for more information?

You can visit Extreme Networks' website or call 1-888-257-3000 for more information.

What is the significance of Extreme Networks' cloud-based solutions?

Extreme Networks' cloud-based solutions provide flexible and scalable networking options that can be tailored to meet various client requirements.

Extreme Networks

Nasdaq:EXTR

EXTR Rankings

EXTR Stock Data

1.97B
132.05M
2.88%
94.78%
4.7%
Communication Equipment
Computer Communications Equipment
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United States of America
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