MORRISVILLE, N.C. (AP) — MORRISVILLE, N.C. (AP) — Extreme Networks Inc. (EXTR) on Wednesday reported a loss of $7.8 million in its fiscal fourth quarter.
The Morrisville, North Carolina-based company said it had a loss of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 25 cents per share.
The maker of network infrastructure equipment posted revenue of $307 million in the period.
For the year, the company reported a loss of $7.5 million, or 6 cents per share. Revenue was reported as $1.14 billion.
For the current quarter ending in September, Extreme Networks expects its per-share earnings to range from 20 cents to 23 cents.
The company said it expects revenue in the range of $292 million to $300 million for the fiscal first quarter.
Extreme Networks expects full-year revenue in the range of $1.23 billion to $1.24 billion.
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