Exhibit 99.1 For more information, contact: Investor Relations Media Contact Stan Kovler Amy Aylward 919/595-4196 603/952-5138 Investor_relations@extremenetworks.com pr@extremenetworks.com Extreme Networks Reports Third Quarter Fiscal Year 2024 Financial Results Financial Results in-line With Previous Outlook 38% Growth in SaaS ARR Morrisville, NC, May 1, 2024 -- Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its third quarter ended March 31, 2024. "Extreme's focus on ...

Key PointsExtreme Networks provides networking solutions offering hardware and software to data centers, government agencies and schools.Extreme Networks shares were upgraded to a Buy from Hold at B. Riley Securities.Riley Analyst Dan King believes the post-COVID inventory normalization is over, and demand is improving.5 stocks we like better than Extreme NetworksExtreme Networks Inc. NASDAQ: EXTR is a cloud-driven networking solutions provider that serves three seemingly “recession-proof” industries: gover ...

In the latest market close, Extreme Networks (EXTR) reached $11.19, with a -1.58% movement compared to the previous day. This change lagged the S&P 500's daily loss of 1.23%. Elsewhere, the Dow saw a downswing of 1.36%, while the tech-heavy Nasdaq depreciated by 1.4%.The maker of network infrastructure equipment's shares have seen a decrease of 5.49% over the last month, not keeping up with the Computer and Technology sector's gain of 2.32% and the S&P 500's gain of 1.61%.The upcoming earnings release of Ex ...

Extreme Networks (EXTR) closed the most recent trading day at $11.71, moving +1.04% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.89%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 1.25%.The maker of network infrastructure equipment's stock has dropped by 2.11% in the past month, falling short of the Computer and Technology sector's gain of 3.77% and the S&P 500's gain of 3.56%.The investment community will be paying close attention to the e ...

Extreme Networks (EXTR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this maker of network infrastructure equipment have returned -1.9%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Computer - Networking industry, which Extreme Networks falls in, has gained 0.1%. The key question now is: Wha ...

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced it has been named as a Leader by Gartner, Inc. for the sixth consecutive time in the 2024 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, published on March 6, 2024, authored by Tim Zimmerman, Christian Canales, Nauman Raja and Mike Leibovitz. Of the 12 companies in the Magic Quadrant, Extreme Networks was named a Leader for both vision and execution. Extre ...

The most recent trading session ended with Extreme Networks (EXTR) standing at $12.03, reflecting a -0.66% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.51%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.58%.The the stock of maker of network infrastructure equipment has fallen by 0.98% in the past month, lagging the Computer and Technology sector's gain of 1.47% and the S&P 500's gain of 2.94%.The investment community will be pay ...

In the latest trading session, Extreme Networks (EXTR) closed at $12.64, marking a -0.16% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.52%. Meanwhile, the Dow gained 0.12%, and the Nasdaq, a tech-heavy index, added 0.9%.The maker of network infrastructure equipment's stock has dropped by 6.29% in the past month, falling short of the Computer and Technology sector's gain of 1.9% and the S&P 500's gain of 3.85%.Market participants will be closely following the ...

MORRISVILLE, N.C.--(BUSINESS WIRE)--Extreme Networks, Inc. (Nasdaq: EXTR), a leader in cloud networking, today announced that Extreme network Fabric solutions have helped customers improve operational efficiency, increase network security and drive impactful business transformation. GITEX 2023, hosted by the Dubai World Trade Center, ran its entire network across Extreme’s Fabric to securely support a massive influx of traffic as well as make quick changes to the network depending on show needs, without imp ...

Extreme Networks (EXTR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this maker of network infrastructure equipment have returned -24.6% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Computer - Networking industry, to which Extreme Networks belongs, has lost 7.4% over this period. Now the key question is: Where could the stock be headed in ...