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.
Extreme Networks reported strong Q4 FY2025 financial results, beating revenue and earnings estimates with 19.6% year-over-year revenue growth and significant margin improvements, driven by cloud and AI-powered networking solutions.
Global enterprise networking market valued at $429.8 billion in 2023, expected to grow at 6.3% CAGR through 2028, driven by wireless, cloud, and IoT connectivity demands amid remote work trends.
The Ethernet Storage Fabric (ESF) market is expected to grow significantly, driven by the rising demand for scalable, high-speed, and low-latency storage networking solutions in data centers and cloud environments. This growth is fueled by the increasing adoption of cloud computing, AI/ML workloads, and real-time analytics.
