Extreme Networks (Nasdaq: EXTR) reported earnings on Aug. 1. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q4), Extreme Networks beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share grew.

Margins grew across the board.

Revenue details
Extreme Networks reported revenue of $87.6 million. The three analysts polled by S&P Capital IQ expected revenue of $84.2 million on the same basis. GAAP reported sales were 2.4% lower than the prior-year quarter's $89.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.08. The three earnings estimates compiled by S&P Capital IQ predicted $0.08 per share. GAAP EPS were $0.08 for Q4 compared to -$0.02 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 55.7%, 160 basis points better than the prior-year quarter. Operating margin was 6.3%, 530 basis points better than the prior-year quarter. Net margin was 8.9%, 1,120 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $79.0 million. On the bottom line, the average EPS estimate is $0.04.

Next year's average estimate for revenue is $331.4 million. The average EPS estimate is $0.19.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 115 members out of 123 rating the stock outperform, and eight members rating it underperform. Among 23 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 21 give Extreme Networks a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Extreme Networks is outperform, with an average price target of $5.17.

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