Extreme Networks Inc (FRA:EXM)
€ 15.475 0.105 (0.68%) Market Cap: 2.08 Bil Enterprise Value: 2.15 Bil PE Ratio: 0 PB Ratio: 66.94 GF Score: 68/100

Extreme Networks Inc at Credit Suisse Technology, Media & Telecom Conference Transcript

Dec 04, 2019 / 06:05PM GMT
Release Date Price: €6.01 (-2.28%)
Ahmed Sami Badri;dit Suisse AG
CrÃ;Research Division - Senior Analyst

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Thank you. I'm Sami Badri of Credit Suisse. I cover comm equipment and comm infrastructure. Today, we have Rémi Thomas, CFO of Extreme Networks; and Stan Kovler, IR, Extreme Networks.

Maybe just to kick things off, can you guys give us a little bit of the highlights and maybe bullet point some of the results that we actually saw last quarter, and we'll go from there.

RÃ;mi Thomas
Extreme Networks, Inc. - Executive VP & CFO

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Yes. So I'll start. We came in, in terms of revenue, very slightly above the midpoint of our guidance for revenue. We saw better-than-expected contribution for Aerohive, which is accounted for as sub-period, but certainly delivered above expectation. We also enjoyed strong double-digit growth in Smart OmniEdge switching that was up 14% year-over-year. And we saw some of the continued weakness in either certain geographic areas or certain other segments of the portfolio, but overall slightly above the midpoint of

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