MORRISVILLE — Extreme Networks Inc. (EXTR) on Wednesday reported profit of $28.7 million in its fiscal first quarter.
The Morrisville-based company said it had net income of 21 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share.
The maker of network infrastructure equipment posted revenue of $353.1 million in the period.
For the current quarter ending in December, Extreme Networks expects its per-share earnings to range from 26 cents to 31 cents.
The company said it expects revenue in the range of $312 million to $327 million for the fiscal second quarter.