NASDAQ$EXTR
Extreme Networks Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Financial results reported a decrease in revenue and EPS due to COVID-19 impact.
Extreme Networks reported Q3 fiscal year 2020 results with a revenue of $209.5 million, a GAAP EPS of $(0.37), and a non-GAAP EPS of $(0.14). The company focused on strengthening its balance sheet and cloudifying its portfolio amid the COVID-19 pandemic.
- Revenue was $209.5 million, down 16% year-over-year.
- GAAP EPS was $(0.37), down from $(0.06) year-over-year.
- Non-GAAP EPS was $(0.14), down from $0.08 year-over-year.
- Cash and cash equivalents totaled nearly $200 million.
Headline financials
Revenue & EPS history
Extreme Networks · Revenue · Quarterly
$210M
Revenue by segment
Extreme Networks · $137M total across 1 segment · Q3 2020
- Product$137M—100.0%
Forward guidance
Due to the fluid market environment and the back-end loaded nature of the business, Extreme Networks is temporarily suspending its Q4 2020 outlook and will reassess providing quarterly guidance at the end of the fourth fiscal quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.2%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+3.9%
Avg return
30 days after
61%
39 / 64 earnings
Positive
+28.2%
Q3 2026
Best reaction
-30.4%
Q4 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +28.2% | +33.9% | +55.5% | |
| Q2 2026 | +2.4% | -0.9% | -6.9% | |
| Q1 2026 | -15.4% | -11.7% | -17.7% | |
| Q3 2025 | +4.9% | +7.8% | +19.1% | |
| Q2 2025 | -3.0% | -6.3% | -4.9% | |
| Q1 2025 | +5.0% | +6.9% | +16.7% | |
| Q4 2024 | +3.6% | +2.7% | +5.8% | |
| Q3 2024 | +2.0% | -2.1% | -0.4% | |
| Q2 2024 | -20.6% | -25.9% | -25.1% | |
| Q1 2024 | -17.1% | -17.6% | -20.6% | |
| Q4 2023 | +6.6% | +9.6% | -2.5% | |
| Q3 2023 | +8.4% | +10.8% | +19.4% | |
| Q2 2023 | -9.0% | -9.4% | -2.4% | |
| Q1 2023 | +13.8% | +16.4% | +29.4% | |
| Q4 2022 | +17.4% | +16.7% | +28.6% | |
| Q3 2022 | -13.0% | -12.1% | -10.9% | |
| Q2 2022 | -1.9% | +1.5% | -2.5% | |
| Q1 2022 | +15.5% | +11.5% | +30.6% | |
| Q4 2021 | +14.7% | +13.5% | +12.6% | |
| Q3 2021 | +16.8% | +10.3% | +11.3% | |
| Q2 2021 | +1.7% | -3.6% | -6.6% | |
| Q1 2021 | -5.1% | -16.3% | +22.0% | |
| Q4 2020 | +4.6% | +1.3% | -14.5% | |
| Q3 2020 | -1.5% | -13.9% | +36.8% | |
| Q2 2020 | -15.8% | -19.3% | -30.7% | |
| Q1 2020 | -14.9% | -13.6% | -7.1% | |
| Q4 2019 | +13.7% | +10.2% | -9.2% | |
| Q3 2019 | -20.1% | -17.0% | -29.6% | |
| Q2 2019 | +9.0% | +7.7% | +21.1% | |
| Q1 2019 | +14.7% | +11.6% | +12.1% | |
| Q4 2018 | -30.4% | -29.1% | -33.1% | |
| Q3 2018 | -23.5% | -26.7% | -24.3% | |
| Q2 2018 | -13.5% | -21.8% | -8.1% | |
| Q1 2018 | +0.6% | -4.7% | +10.1% | |
| Q4 2017 | +20.4% | +23.8% | +30.7% | |
| Q3 2017 | +11.1% | +19.7% | +33.2% | |
| Q2 2017 | +0.0% | +0.9% | +11.2% | |
| Q1 2017 | +2.9% | +2.4% | +1.9% | |
| Q4 2016 | +0.8% | +4.2% | +1.3% | |
| Q3 2016 | +5.7% | — | — | |
| Q2 2016 | -29.6% | — | — | |
| Q1 2016 | +1.4% | — | — | |
| Q4 2015 | +21.5% | — | — | |
| Q3 2015 | -0.8% | — | — | |
| Q2 2015 | +12.6% | — | — | |
| Q1 2015 | +15.2% | — | — | |
| Q4 2014 | -0.8% | — | — | |
| Q3 2014 | -29.0% | — | — | |
| Q2 2014 | -16.3% | — | — | |
| Q1 2014 | +12.0% | — | — | |
| Q4 2013 | -4.8% | — | — | |
| Q3 2013 | -4.6% | — | — | |
| Q2 2013 | +0.8% | — | — | |
| Q1 2013 | +8.0% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q3 2011 | -0.8% | — | — | |
| Q3 2012 | +0.3% | — | — | |
| Q2 2011 | +2.2% | — | — | |
| Q2 2012 | +0.9% | — | — | |
| Q1 2012 | +2.4% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q4 2011 | +2.4% | — | — | |
| Q4 2010 | -2.3% | — | — | |
| Q3 2010 | +0.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro