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Extreme Networks Inc Issues Q4 2013 Guidance In Line With Analysts' Estimates


Tuesday, 30 Apr 2013 04:01pm EDT 

Extreme Networks Inc announced that for the fourth quarter of 2013, it expects revenue in a range of $73 million to $77 million, GAAP net income at $1.0 million to $4.0 million, or $0.01 to $0.04 per diluted share and Non-GAAP net income in a range of $4.0 million to $7.0 million, or $0.04 to $0.08 per diluted share (EPS). Targeted non-GAAP earnings exclude expenses related to stock-based compensation expense of approximately $1.6 million, restructuring charges of approximately $0.5 million and $1.1 million of one-time CEO transition expenses. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $77 million, net income of $6.9 million and EPS of $0.08 for the fourth quarter of 2013. 

Company Quote

5.25
0.01 +0.19%
29 Aug 2014