Craft

Extreme Networks

Stock Price

$13.9

2024-07-23

Market Capitalization

$1.8 B

2024-07-23

Revenue

$1.3 B

FY, 2023

Extreme Networks Summary

Company Summary

Overview
Extreme Networks is a company that provides cloud networking solutions. It offers switching, wireless, and routing products and ExtremeCloud IQ, a platform for network management, visibility, and automation. The company caters to financial, healthcare, manufacturing, retail, and other sectors.
Type
Public
Status
Active
Founded
1996
HQ
Morrisville, NC, US | view all locations
Website
https://www.extremenetworks.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Ed Meyercord

    Ed Meyercord, President, CEO & Board Member

  • Nabil Bukhari

    Nabil Bukhari, Chief Product and Technology Officer, GM of Subscription Business

  • Kevin Rhodes

    Kevin Rhodes, Executive Vice President and Chief Financial Officer

  • Norman J. Rice, III

    Norman J. Rice, III, Chief Commercial Officer

Operating MetricsView all

Remaining Performance Obligations

$525.4M
23.9%

Q1, 2024

Countries

28

FY, 2023

Backlog

$513M

FY, 2023

LocationsView all

41 locations detected

  • Morrisville, NC HQ

    United States

    2121 RDU Center Drive

  • Herndon, VA

    United States

    381 Elden St Suite 1050

  • Pleasanton, CA

    United States

    5200 Franklin Drive, Suite 100

  • Salem, NH

    United States

    9 Northeastern Boulevard Suite 400

  • San Jose, CA

    United States

    6480 Vía del Oro

  • Sydney, NSW

    Australia

    Level 11, Suite 5, 100 Walker Street

and 35 others

Extreme Networks Financials

Summary Financials

Revenue (Q3, 2024)
$211.0M
Gross profit (Q3, 2024)
$119.9M
Net income (Q3, 2024)
($64.4M)
Cash (Q3, 2024)
$151.0M
EBIT (Q3, 2024)
($62.5M)
Enterprise value
$1.9B

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