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Extreme Networks Q4 revenue declines 9%, net loss widens

Wednesday 31 July 2019 | 14:52 CET | News
Extreme Networks has reported a 9 percent drop in revenue in its fourth quarter to end-June and said it expects organic revenue growth in fiscal 2020 to be in the low single-digit range with an operating margin of 15 percent. It said Q4 net revenue fell to USD 252.4 million from USD 278.3 million a year earlier. Product revenue dropped 14 percent to USD 189.4 million but service revenue rose 10 percent to USD 62.8 million.

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Categories: Fixed
Companies: Aerohive Networks / Extreme Networks
Countries: World
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