MORRISVILLE, N.C. (AP) — MORRISVILLE, N.C. (AP) — Extreme Networks Inc. (EXTR) on Wednesday reported a loss of $64.4 million in its fiscal third quarter.
On a per-share basis, the Morrisville, North Carolina-based company said it had a loss of 50 cents. Losses, adjusted for stock option expense and restructuring costs, came to 19 cents per share.
The maker of network infrastructure equipment posted revenue of $211 million in the period.
For the current quarter ending in June, Extreme Networks expects its per-share earnings to range from 11 cents to 15 cents.
The company said it expects revenue in the range of $250 million to $260 million for the fiscal fourth quarter.
Extreme Networks expects full-year earnings in the range of 51 cents to 55 cents per share, with revenue ranging from $1.11 billion to $1.12 billion.
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