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home / articles / EXTR - Why Cloud Networking Company Extreme Networks Shares Are Diving Today | Benzinga

EXTR - Why Cloud Networking Company Extreme Networks Shares Are Diving Today | Benzinga

Extreme Networks Inc.

Extreme Networks Inc (NASDAQ: EXTR) shares are tumbling today by over 6% after the company lowered its Q2 revenue guidance yesterday.

The company trimmed the outlook for Q2 revenues to around $294 million to $297 million (from $312 million to $327 million earlier) vs. consensus of $320.51 million.

EXTR projects annualized subscription and support revenue of about $430 million (up 41% ...

Full story available on Benzinga.com
Stock Information
Company Name: Extreme Networks Inc.
Stock Symbol: EXTR
Market: NASDAQ
Website: extremenetworks.com
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