Extreme Networks Inc Stock Price, News & Analysis

Extreme Networks has expanded its E-Rate eligible solutions, now including Wi-Fi 6E access points and ExtremeCloud SD-WAN, aimed at U.S. schools and public libraries. The E-Rate program provides essential discounts for network upgrades, enabling institutions to modernize their infrastructure in response to the increasing need for digital resources and IoT devices. This advancement allows for high-capacity connectivity and enhanced immersive learning experiences, simplifying network management and supporting diverse learning environments.

Extreme Networks (Nasdaq: EXTR) has announced that it will release financial results for its first fiscal quarter, which ended on September 30, 2022, before the market opens on October 27, 2022. Following the announcement, an earnings conference call and webcast will take place at 8:00 a.m. ET. Investors can access the webcast through the company’s investor relations website.

Extreme Networks (EXTR) has partnered with Verizon Business (VZ) to enhance wireless connectivity at Liverpool FC’s Anfield Stadium. The deployment, using Extreme’s Wi-Fi 6 technology, aims to improve fan experiences with services like mobile ticketing and cash-free transactions. Liverpool FC will also utilize ExtremeAnalytics for real-time data insights on fan behaviors. This partnership reflects a broader strategy to provide advanced connectivity in large venues, leveraging Verizon’s extensive technology and expertise.

Extreme Networks announces the appointment of Pete Brant as Senior Vice President of U.S. Sales. With over 20 years in networking and cybersecurity, Brant previously led significant sales initiatives at companies like Fortinet and Forcepoint. Paul Semak has been promoted to Senior Vice President of Americas International, focusing on Canada and LATAM. The leadership change aims to drive growth in the cloud networking market, capitalizing on emerging opportunities. Executive Joe Vitalone emphasizes the importance of experienced leadership for revenue growth.

Extreme Networks strengthens its leadership in the Asia Pacific region with key promotions and new hires. Jeff Hurmuses is promoted to Senior Vice President, overseeing APAC sales operations. Freddy Wang joins as Country Sales Director for Taiwan, bringing over 25 years of IT sales experience, and Makoto Naito leads sales in Japan, with more than 40 years in the industry. The company aims to build on recent growth, highlighted by major customer wins, including LG Electronics and Marriott Hotel Group.

Extreme Networks has been chosen as the Official Technology Innovation Partner for Minor League Baseball (MiLB), marking a five-year collaboration. The partnership will see Extreme provide Wi-Fi, Wi-Fi Analytics, and SD-WAN solutions across all 120 MiLB teams. This initiative aims to enhance secure data sharing and improve stadium experiences through advanced connectivity and data analytics, fostering technology-driven gameplay. Extreme's solutions are designed to streamline operations and support fan-facing technologies.

Extreme Networks has launched the AP5050, the first outdoor Wi-Fi 6E access point optimized for high-density venues like stadiums and convention centers. This new technology allows for up to three times more spectrum, enhancing wireless experiences with high-speed connectivity, reduced interference, and improved quality of service. Additionally, the AP5050 incorporates advanced security features, is flexible in deployment, and integrates with the ExtremeCloud management platform for insights into network performance.

Extreme Networks (Nasdaq: EXTR) has announced its investor conference schedule for August and September 2022. Key events include participation in the KeyBanc 2022 Technology Leadership Forum on August 8, the Deutsche Bank 2022 Technology Conference on September 1, and the Citi 2022 Global Technology Conference on September 8. The Lake Street Big6 Investor Conference is set for September 14. With over 50,000 global customers, Extreme Networks leverages AI and machine learning to enhance networking solutions.

Extreme Networks has announced several executive promotions as part of its strategic growth plan. Cristian Mircea is now Chief Development Officer, overseeing the engineering organization. Markus Nispel takes on the role of Chief Technology Officer for EMEA, focusing on product strategy and market execution. Dan DeBacker has been promoted to Senior Vice President of Products to drive product management. The promotions aim to strengthen leadership and leverage the expertise of the new executives in enhancing the company's cloud networking solutions and operational efficiency.