- Extreme Networks press release ( NASDAQ: EXTR ): Q1 Non-GAAP EPS of $0.20 beats by $0.03 .
- Revenue of $297.7M (+11% Y/Y) beats by $14.81M .
- SaaS ARR $111.0 million, up 41% year-over-year, and up 8% quarter-over-quarter
- “As we look at the remainder of FY23, the continued improvement in the supply chain environment gives us further confidence in our topline growth outlook of 10-15%. We expect to cross the 60% gross margin threshold and achieve an operating margin in the mid-teens in the second half of our fiscal year,” concluded Thomas.
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Extreme Networks Non-GAAP EPS of $0.20 beats by $0.03, revenue of $297.7M beats by $14.81M