Extreme Networks Posts Quarterly Revenue of $83.4 Million
Extreme Networks reported quarterly revenue of $83.4 million for the period ending 28-Dec-2003, compared to $90.2 million in the preceding quarter. Net loss was $5.6 million and loss per share was $0.05 compared to the net loss of $19.0 million and a loss per share of $0.17 in the preceding quarter.
Extreme Network said the results were in line with the preliminary expectations disclosed on 16-Dec-2003 and reflect the product transition to its new fourth generation BlackDiamond switches. http://www.extremenetworks.com
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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about Extreme Networks. One of the companies whose work it now carries:
Aerohive Networks built Cloud-managed controllerless Wi-Fi. What became of it?
Aerohive Networks brought Cloud-managed controllerless Wi-Fi to Wireless. That work was distinctive enough to lead to its acquisition by Extreme Networks for US$272M. The standalone name now passes into the archive — but the team and technology continue inside Extreme Networks today. One of 430 names here whose work outlived the company.