Extreme Networks IncReports strong revenue and EPS growth, with positive guidance for fiscal 2027.

Extreme Networks reported fourth quarter fiscal 2026 revenue of $339 million, up 10% year-over-year, with non-GAAP earnings per share of $0.32, up 28% year-over-year. For the full fiscal year 2026, revenue grew 13% to $1.28 billion and non-GAAP EPS grew 26% to $1.06. The company guided first quarter fiscal 2027 revenue to $334 million to $339 million and full year fiscal 2027 revenue to $1.38 billion to $1.4 billion, with full year EPS of $1.28 to $1.33. SaaS ARR reached $244 million, up 18% year-over-year, and the company expects SaaS ARR growth to reaccelerate towards the mid-20% range by the end of this fiscal year. Platform ONE accounted for nearly half of subscription bookings in the fourth quarter, and the company expects half of its installed base to be on Platform ONE by the end of fiscal 2027.
Extreme Networks IncReports strong revenue and EPS growth, with positive guidance for fiscal 2027.