Extreme Networks Reports 10% Revenue Growth in Q4, Issues Upbeat Fiscal 2027 Outlook

Earnings
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Extreme Networks reported fiscal fourth-quarter revenue of $339 million, up 10% year over year, with non-GAAP earnings per share rising 28% to $0.32. Gross margin reached 62.7%, supported by pricing actions and supply-chain cost management. The company said Extreme Platform ONE accounted for nearly half of subscription bookings in the quarter, and customers with more than $1 million in annual bookings increased to 187. For fiscal 2027, management projects full-year revenue of $1.38 billion to $1.40 billion and non-GAAP earnings per share of $1.28 to $1.33, expecting earnings growth above 20% as it pursues market-share gains and broader platform adoption.

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