Extreme Networks Stock
€12.47
Your prediction
Extreme Networks Stock
Extreme Networks (EXTR) is a publicly listed company that provides comprehensive software-driven networking solutions for enterprise customers. The company designs, develops, and sells networking equipment, software, and services to create seamless experiences for its customers. It offers various products such as switches, routers, and wireless access points that are used by businesses and organizations to establish connectivity and network infrastructure. Extreme Networks focuses mainly on technology, education, healthcare, and hospitality markets, serving customers across the globe through its network of distributors, resellers, and partners.
Pros and Cons of Extreme Networks in the next few years
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Cons
Performance of Extreme Networks vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Extreme Networks | 6.490% | 14.560% | -10.938% | 6.221% | -29.076% | 25.631% | 240.426% |
| Applied Optoelectronics Inc. | -1.770% | 17.708% | -25.166% | 18.947% | -68.258% | 329.168% | 25.639% |
| ADTRAN Holdings Inc. | -1.310% | 5.202% | -16.533% | 63.909% | -12.497% | - | - |
| Clearfield Inc. | 0.750% | 13.438% | -9.954% | -7.580% | -14.354% | -55.327% | 105.203% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Extreme Networks (EXTR) is a company operating in the Communications & Networking industry. A first glance at the company's financials reveals mixed results, with some aspects of their financial position showing strength and others raising concerns. The following analysis will dive into the details that support this overall impression, highlighting the pros and cons for the company's financial performance.
Rising Net Income: Over the last few years, Extreme Networks has been successful in improving its net income. It has consistently increased from a net loss of $126.8 million in 2020 to a net income of $1.9 million in 2021, and a significant increase to a net $44.3 million in 2022. This trend is a positive sign that the company is on the right track in terms of profitability.
Healthy Gross Profit Margin: The gross profit margins of the company are consistently above 50%, which indicates that Extreme Networks is effective in keeping product costs low and maintaining profitability. This is essential for a business to maintain its competitive edge in the Communications & Networking sector.
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