Extreme Networks (EXTR) Reports Fiscal Q2 2026 Results, Here's What You Need to Know

​Extreme Networks, Inc. (NASDAQ:EXTR) is one of the Best Small Cap Stocks Ready to Explode in 2026. On January 28, Extreme Networks, Inc. (NASDAQ:EXTR) reported results for its fiscal Q2 2026. The company grew its quarterly revenue by 14% year-over-year to $317.9 million. The non-GAAP EPS of $0.26 also came in ahead of the $0.21 EPS last year.

​Management noted that the fiscal Q2 2026 marked the seventh consecutive quarter of sequential growth. The quarterly revenue was driven by a 25.5% year-over-year increase in Product revenue and 13% increase in Subscription and Support revenue. Notably, the SaaS ARR reached $226.8 million. Management noted that Extreme Networks, Inc. (NASDAQ:EXTR) is taking market share from the largest players in the enterprise networking segment.

​Looking ahead, Extreme Networks, Inc. (NASDAQ:EXTR) expects fiscal Q3 2026 revenue in the range of $309.1 million to $314.1 million, with gross margins in the range of 60.4% to 60.8%.

​Extreme Networks, Inc. (NASDAQ:EXTR) operates as a developer, marketer, and seller of network infrastructure equipment and related software. It provides ExtremeCloud IQ, ExtremeCloud IQ-Site Engine, and ExtremeCloud IQ Essentials. The company serves mid-market and enterprise customers, as well as service providers across several industries.

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Disclosure: None. This article is originally published at Insider Monkey.