Extreme Networks (NASDAQ:EXTR) reported its Q2 earnings results on Thursday, January 27, 2022 at 07:05 AM.
Here's what investors need to know about the announcement.
Also check out these insider trades in penny stocks
Earnings
Extreme Networks beat estimated earnings by 23.53%, reporting an EPS of $0.21 versus an estimate of $0.17, which surprised analysts.
Revenue was up $38.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 4.84% increase in the share price the next day.
Here's a look at Extreme Networks's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.16 | 0.17 | 0.13 | 0.11 |
| EPS Actual | 0.21 | 0.19 | 0.16 | 0.13 |
| Revenue Estimate | 256.94M | 263.87M | 244.62M | 240.70M |
| Revenue Actual | 267.68M | 278.09M | 253.40M | 242.13M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
