Extreme Networks
EXTRExtreme Networks (EXTR) is a networking company specializing in software-driven networking solutions, including switches, routers, and wireless access points. Founded in 1996, the company provides enterprise and service provider networks with infrastructure for data centers, campus environments, and cloud applications. Known for its focus on innovation and customer-centric networking, Extreme Networks offers software platforms that enable automation, security, and analytics across modern network environments.
Company News
Extreme Networks reported Q1 fiscal 2026 results with 15% revenue growth and beat analyst expectations, but experienced stock decline due to lower gross margins and slower projected revenue growth for upcoming quarters.
The global networking support services market is projected to grow from $924.16 billion in 2024 to $1.50 trillion by 2031, driven by advancements in 5G, cloud computing, IoT, and software-defined networking technologies.
Investors have the opportunity to lead a securities fraud lawsuit against Extreme Networks, Inc. The lawsuit alleges that the company misled investors about its demand trends, backlog, and financial performance.
Amid global macroeconomic challenges, the Zacks Computer - Networking industry players like CSCO, EXTR and LTRX are poised to benefit from the accelerated 5G deployment
