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Extreme Networks Reports Preliminary Second Quarter Fiscal Year 2021 Financial Results
Strong Results Highlighted by New Cloud Subscription Bookings up 140% Year-Over-Year
Record Cash Flow Drives Debt Reduction of $40 Million
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SAN JOSE, Calif., Jan. 27, 2021 /PRNewswire/ Extreme Networks, Inc. (Nasdaq: EXTR), a cloud-driven networking company, today announced preliminary financial results for its second fiscal quarter ended December 31, 2020.
Customer adoption of Extreme s innovative cloud networking solutions and newly released universal hardware platform, combined with strong execution by global sales teams and channel partners, drove better than expected financial results this quarter.  In addition, traction in the company s initiatives to drive effortless experiences, highlighted by the significant ramp of its channel self-service platform, played a key role in driving sequential growth in ....

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