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General

Extreme Networks sees sequential revenue growth continuing in September quarter

Wednesday 5 August 2020 | 14:03 CET | News
Extreme Networks reported revenues for its fiscal fourth quarter to June of USD 215.5 million, down 15 percent year-over-year but up 3 percent quarter-over-quarter. The adjusted operating margin improved to 5.2 percent from 4.9 percent a year ago, helped by cost reductions, while the net loss widened to USD 0.18 per share from USD 0.14. The company said it was more positive on the outlook for the current quarter based on improving market trends and recent improvements to its sales organisation. 

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Categories: General
Companies: Extreme Networks
Countries: World
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