Extreme Networks

Extreme Networks, Inc. is a software and service led solutions company with advanced networking technology solutions and platforms. Extreme Networks offers award-winning customer support and has achieved one of the highest Net Promoter Scores in the industry. Extreme Networks is headquartered in San Jose, CA and has more than 14,000 customers in over 80 countries.
Company Growth (employees)
Type
Public
HQ
San Jose, US
Founded
1996
Size (employees)
1,378 (est)+2%
Extreme Networks was founded in 1996 and is headquartered in San Jose, US

Extreme Networks Office Locations

Extreme Networks has offices in San Jose, Salem, Morrisville and Markham
San Jose, US (HQ)
145 Rio Robles
Markham, CA
300 55 Commerce Valley Dr W
Morrisville, US
2121 Rdu Center Dr
Salem, US
9 Northeastern Blvd

Extreme Networks Data and Metrics

Extreme Networks Financial Metrics

Extreme Networks's revenue was reported to be $148.7 m in Q3, 2017
USD

Revenue (Q3, 2017)

148.7 m

Gross profit (Q3, 2017)

82.1 m

Gross profit margin (Q3, 2017), %

55%

Net income (Q3, 2017)

(5.6 m)

EBIT (Q3, 2017)

(3.2 m)

Market capitalization (25-Jul-2017)

1 b

Cash (31-Mar-2017)

117.3 m
Extreme Networks's current market capitalization is $1 b.
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

519.6 m552.9 m528.4 m

Revenue growth, %

6%(4%)

Cost of goods sold

120.2 m115.9 m213.7 m225 m208.7 m

Gross profit

305.9 m327.9 m319.7 m

Gross profit Margin, %

59%59%60%

Sales and marketing expense

150.8 m

R&D expense

78.7 m

General and administrative expense

37.7 m

Operating expense total

317.6 m342.7 m296.3 m

EBIT

(50.2 m)(63 m)(25.6 m)

EBIT margin, %

(10%)(11%)(5%)

Interest expense

75 k2.1 m3.2 m3.1 m

Interest income

751 k541 k113 k

Pre tax profit

(53.1 m)(66.8 m)(27.5 m)

Income tax expense

1.2 m1.7 m4.2 m4.8 m4.3 m

Net Income

(57.3 m)(71.6 m)(31.9 m)
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Revenue

136.3 m147.2 m119.6 m124.6 m139.3 m124.9 m122.6 m148.1 m148.7 m

Cost of goods sold

65.7 m72 m61.9 m59.5 m69 m62.2 m57.4 m72.8 m66.5 m

Gross profit

70.5 m75.2 m57.7 m65.1 m70.3 m62.7 m65.2 m75.4 m82.1 m

Gross profit Margin, %

52%51%48%52%50%50%53%51%55%

Sales and marketing expense

44.8 m44 m39.2 m36.1 m37.1 m38.3 m37 m41.1 m38.8 m

R&D expense

23.3 m24 m23.9 m20.3 m20.7 m18.9 m18.3 m24 m24.7 m

General and administrative expense

11.1 m10.3 m9.7 m9.2 m9.8 m9 m8.3 m9.4 m9.6 m

Operating expense total

79.2 m78.3 m72.8 m65.5 m67.5 m66.1 m63.5 m74.5 m73.1 m

EBIT

(17.2 m)(11.1 m)(21.3 m)(10.8 m)(5.4 m)(8.9 m)(4.8 m)(7.4 m)(3.2 m)

EBIT margin, %

(13%)(8%)(18%)(9%)(4%)(7%)(4%)(5%)(2%)

Interest expense

(836 k)(825 k)(758 k)(826 k)(809 k)(769 k)(647 k)(1.2 m)(1.2 m)

Interest income

146 k196 k129 k27 k29 k28 k57 k81 k236 k

Pre tax profit

(18.3 m)(11.8 m)(22.4 m)(10.6 m)(6 m)(9.9 m)(5.6 m)(7.4 m)(4.4 m)

Income tax expense

1 m1.3 m1.1 m898 k1.2 m866 k907 k1.2 m1.2 m

Net Income

(19.3 m)(13.1 m)(23.5 m)(11.5 m)(7.2 m)(10.8 m)(6.5 m)(8.6 m)(5.6 m)
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

51.9 m50 m54.6 m95.8 m73.2 m76.2 m94.1 m

Inventories

57.1 m10.3 m41 m

Current Assets

302.9 m238 m229 m

PP&E

46.6 m39.9 m29.6 m

Goodwill

70.9 m70.9 m70.9 m

Total Assets

526.4 m428.7 m374.8 m

Accounts Payable

37.3 m40.1 m30.7 m

Total Debt

17.9 m

Current Liabilities

246.3 m235.4 m211.8 m

Additional Paid-in Capital

845.3 m865.3 m884.7 m

Retained Earnings

(688.2 m)(759.9 m)(791.7 m)

Total Equity

104.2 m90.2 m

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0 x

Financial Leverage

4.1 x4.2 x
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Cash

74.1 m89 m74.1 m82 m85.9 m88.3 m102.3 m103.8 m117.3 m

Inventories

55.3 m54.4 m66.8 m61.7 m56.6 m52.8 m43.4 m47.4 m47.7 m

Current Assets

274.3 m270.1 m232 m215.2 m226.2 m214 m225.4 m283.8 m292.3 m

PP&E

46.3 m43.6 m42.4 m35.6 m32.9 m30.4 m30.1 m30.6 m30.4 m

Goodwill

70.9 m70.9 m70.9 m70.9 m70.9 m70.9 m70.9 m80.7 m82.7 m

Total Assets

489.1 m475.3 m431.4 m393.5 m392.8 m369 m363.1 m450 m456.6 m

Accounts Payable

30 m45.5 m46.4 m29.9 m25.5 m21.1 m28.3 m26.8 m35.6 m

Current Liabilities

224.7 m225.6 m223.2 m208.6 m216.8 m201.4 m204.4 m237.9 m245.2 m

Additional Paid-in Capital

851.8 m856.5 m861.7 m871.8 m876.2 m881.9 m891.6 m896.4 m903.2 m

Retained Earnings

(707.5 m)(720.6 m)(744.2 m)(771.4 m)(778.6 m)(789.4 m)(798.2 m)(806.8 m)(812.4 m)

Total Equity

98.4 m95.1 m90.3 m90.7 m85.8 m87.8 m

Financial Leverage

4 x4.1 x4.1 x4 x5.2 x5.2 x
USDFY, 2014FY, 2015FY, 2016

Net Income

(57.3 m)(71.6 m)(31.9 m)

Depreciation and Amortization

39.4 m48.8 m17 m

Accounts Receivable

(56 m)27.7 m10.2 m

Inventories

(7.3 m)(904 k)17 m

Accounts Payable

(4.2 m)2.8 m(9.6 m)

Cash From Operating Activities

(26.8 m)37.4 m30.4 m

Capital Expenditures

(22.4 m)(7.2 m)(5.3 m)

Cash From Investing Activities

(126.2 m)21.6 m(5.3 m)

Long-term Borrowings

(26.4 m)(78.7 m)(26.4 m)

Cash From Financing Activities

129.6 m(52.5 m)(6.7 m)

Interest Paid

1.9 m2.4 m2.6 m

Free Cash Flow

(4.5 m)44.6 m25 m
USDQ1, 2014Q2, 2014Q3, 2015Q1, 2015Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q3, 2017

Net Income

(19.3 m)(13.1 m)(23.5 m)(11.5 m)(7.2 m)(10.8 m)(6.5 m)(8.6 m)(5.6 m)

Depreciation and Amortization

4.5 m4.5 m4.5 m4.5 m4.3 m4.1 m4.1 m2.2 m1.2 m

Inventories

55.3 m54.4 m66.8 m61.7 m56.6 m52.8 m43.4 m47.4 m47.7 m

Accounts Payable

30 m45.5 m46.4 m29.9 m25.5 m21.1 m28.3 m26.8 m35.6 m
USDY, 2017

Revenue/Employee

107.9 k

Financial Leverage

5.2 x

Extreme Networks Operating Metrics

Extreme Networks's Backlog was reported to be $26.8 m in FY, 2016, which is a 81% increase from the previous period. Extreme Networks's Customers was reported to be 14 k in FY, 2016
FY, 2014FY, 2015FY, 2016

Countries

292928

Backlog

$10.7 m$14.8 m$26.8 m

Patents (US)

379347363

Patents (foreign)

172183183

Customers

12 k14 k14 k

    Extreme Networks Market Value History

    Extreme Networks Median Salaries

    Source: 48 public H-1B filings from Extreme Networks

    Extreme Networks Online and Social Media Presence

    Extreme Networks News and Updates

    Extreme Networks Company Life and Culture

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