Business Outlook:
Extreme's business outlook is based on current expectations. The following statements are forward-looking, and actual results could differ materially based on various factors, including market conditions and the factors set forth under "Forward-Looking Statements" below.
For its fourth quarter and full year of fiscal 2024, ending June 30, 2024, the Company is targeting:
(in millions, except percentages and per share information) |
GAAP |
|
Non-GAAP |
FQ4'24 Guidance |
|
|
|
Total net revenue |
$250.0 - $260.0 |
|
$250.0 - $260.0 |
Gross margin |
60.9% - 62.9% |
|
61.6% - 63.6% |
Operating margin |
(3.8%) - (0.9%) |
|
9.0% - 11.5% |
Earnings per diluted share |
($0.11) - ($0.05) |
|
$0.11 - $0.15 |
Shares outstanding used in calculating diluted EPS |
130.1 |
|
131.1 |
FY'24 Guidance |
|
|
|
Total net revenue |
$1,110.5 - $1,120.5 |
|
$1,110.5 - $1,120.5 |
Gross margin |
60.2% - 60.6% |
|
60.9% -61.4% |
Operating margin |
(2.4%) - (1.7%) |
|
9.3% - 9.9% |
Earnings per diluted share |
($0.35) - ($0.30) |
|
$0.51 - $0.55 |
Shares outstanding used in calculating diluted EPS |
129.3 |
|
131.6 |