Extreme Networks, Inc. (EXTR)

Extreme Networks beat expectations on both the top and bottom line in the fourth fiscal quarter of 2026, reported August 5, with preliminary results showing revenue rose 10.3% to about $338.5 million (up from $307.0 million a year ago) and adjusted EPS of $0.32 topped the $0.29 estimate, +10.3%. On the sales line, revenue of $338.5 million also topped the $332.5 million consensus, +1.8%. Profitability came through a gross margin of roughly 62% and an operating margin near 6%, with gross profit of about $210.5 million and operating income of roughly $21.1 million. Net income was about $18.0 million, improving from a net loss of roughly $7.8 million in the year-ago period. The company generated operating cash flow of around $72.8 million and repurchased about $25.0 million of stock during the quarter. For the next period, consensus calls for EPS of $0.28 on revenue of $336.8 million.