Extreme Networks: Fiscal Q1 Earnings Snapshot

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MORRISVILLE, N.C. (AP) — MORRISVILLE, N.C. (AP) — Extreme Networks Inc. (EXTR) on Wednesday reported a loss of $10.5 million in its fiscal first quarter.

On a per-share basis, the Morrisville, North Carolina-based company said it had a loss of 8 cents. Earnings, adjusted for one-time gains and costs, came to 17 cents per share.

The maker of network infrastructure equipment posted revenue of $269.2 million in the period.

For the current quarter ending in December, Extreme Networks expects its per-share earnings to range from 16 cents to 20 cents.

The company said it expects revenue in the range of $273 million to $283 million for the fiscal second quarter.

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This story was generated by Automated Insights (https://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXTR at https://www.zacks.com/ap/EXTR