Extreme Networks released its financial results for the second quarter ended December 31, 2024, on January 29, 2025, reporting total net revenues of $279.4 million. This represents a continued sequential revenue growth for the company.
The company reported GAAP net income of $7.4 million, or $0.06 per diluted share. Non-GAAP net income reached $24.1 million, or $0.18 per diluted share, surpassing analyst expectations.
For the third quarter of fiscal 2025, Extreme Networks provided guidance targeting total net revenue between $275 million and $285 million, and non-GAAP earnings per share between $0.19 and $0.23. The full fiscal year 2025 revenue outlook was maintained in the range of $1.12 billion to $1.14 billion.
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