Extreme Networks Shares Rise After Fiscal Q1 Non-GAAP Earnings, Revenue Top Estimates

09:41 AM EDT, 10/28/2026 (MT Newswires) -- Extreme Networks (EXTR) shares were up 2.4% in early Wednesday trading after it reported fiscal Q1 non-GAAP earnings and revenue that rose year over year and beat analyst estimates. The company reported fiscal Q1 non-GAAP earnings of $0.33 per diluted share, up from $0.22 a year earlier. Analysts polled by FactSet expected $0.28. Revenue for the quarter ended Sept. 30 was $341.1 million, up from $310.2 million a year earlier. Analysts expected $336.8 million. The company expects fiscal Q2 non-GAAP EPS of $0.32 to $0.34 on revenue of $345.8 million to $350.8 million. Analysts expect non-GAAP EPS of $0.32 on revenue of $345 million. For fiscal 2027, the company expects non-GAAP EPS of $1.35 to $1.39 on revenue of $1.40 billion to $1.41 billion. Analysts expect non-GAAP EPS of $1.31 on revenue of $1.39 billion. Price: 24.41, Change: +0.56, Percent Change: +2.35