Extreme Networks Inc Stock Price, News & Analysis

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.

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.

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.

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.

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.

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.

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.

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.