Extreme Networks Q1 Adj. EPS $0.33 Beats $0.28 Estimate, Sales $341.100M Beat $336.723M Estimate

Extreme Networks (NASDAQ:EXTR) reported quarterly earnings of $0.33 per share which beat the analyst consensus estimate of $0.28 by 17.86 percent. This is a 50 percent increase over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $341.100 million which beat the analyst consensus estimate of $336.723 million by 1.30 percent. This is a 9.96 percent increase over sales of $310.200 million the same period last year.