Extreme Historical Income Statement
| EXTR Stock | USD 11.13 0.43 4.02% |
Historical analysis of Extreme Networks income statement accounts such as Total Revenue of 1.6 B or Gross Profit of 911.3 M can show how well Extreme Networks performed in making a profits. Evaluating Extreme Networks income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Extreme Networks's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Extreme Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Extreme Networks is a good buy for the upcoming year.
Extreme |
About Extreme Income Statement Analysis
Extreme Networks Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Extreme Networks shareholders. The income statement also shows Extreme investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Extreme Networks Income Statement Chart
Extreme Networks Income Statement is one of the three primary financial statements used for reporting Extreme's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Extreme Networks revenue and expense. Extreme Networks Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Extreme Networks' EBITDA is relatively stable compared to the past year. As of 04/18/2024, Cost Of Revenue is likely to grow to about 673.5 M, while Total Other Income Expense Net is likely to drop (3 M). Add Fundamental
Total Revenue
Total revenue comprises all receipts Extreme Networks generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Extreme Networks minus its cost of goods sold. It is profit before Extreme Networks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Extreme Networks. It is also known as Extreme Networks overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Extreme Networks' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Extreme Networks current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.At this time, Extreme Networks' EBITDA is relatively stable compared to the past year. As of 04/18/2024, Cost Of Revenue is likely to grow to about 673.5 M, while Total Other Income Expense Net is likely to drop (3 M).
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 629.9M | 754.7M | 867.9M | 911.3M | Total Revenue | 1.1B | 1.3B | 1.5B | 1.6B |
Extreme Networks income statement Correlations
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Extreme Networks Account Relationship Matchups
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Extreme Networks income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 63.8M | 58.6M | 49.7M | 34.9M | 40.1M | 28.5M | |
| Interest Expense | 23.8M | 22.9M | 12.8M | 17.4M | 20.0M | 21.0M | |
| Total Revenue | 948.0M | 1.0B | 1.1B | 1.3B | 1.5B | 1.6B | |
| Gross Profit | 517.8M | 585.1M | 629.9M | 754.7M | 867.9M | 911.3M | |
| Other Operating Expenses | 992.8M | 970.4M | 1.0B | 1.2B | 1.4B | 1.5B | |
| Operating Income | (42.7M) | 34.4M | 64.2M | 108.3M | 124.6M | 130.8M | |
| Ebit | (42.7M) | 34.4M | 64.2M | 114.7M | 132.0M | 138.5M | |
| Research Development | 209.6M | 197.0M | 190.6M | 214.3M | 246.4M | 258.7M | |
| Ebitda | 21.2M | 93.0M | 113.9M | 149.6M | 172.1M | 180.7M | |
| Cost Of Revenue | 430.2M | 424.3M | 482.4M | 557.7M | 641.4M | 673.5M | |
| Total Operating Expenses | 562.7M | 546.1M | 557.0M | 643.2M | 739.6M | 776.6M | |
| Income Before Tax | (120.5M) | 10.2M | 52.2M | 94.1M | 108.2M | 113.6M | |
| Total Other Income Expense Net | (77.8M) | (24.2M) | (12.0M) | (3.2M) | (2.9M) | (3.0M) | |
| Net Income | (126.8M) | 1.9M | 44.3M | 78.1M | 89.8M | 94.3M | |
| Income Tax Expense | 6.4M | 8.2M | 7.9M | 16.0M | 14.4M | 15.2M | |
| Selling General Administrative | 61.0M | 66.2M | 68.7M | 89.9M | 80.9M | 85.0M | |
| Net Income Applicable To Common Shares | (126.8M) | 1.9M | 44.3M | 78.1M | 70.3M | 73.8M | |
| Selling And Marketing Expenses | 283.6M | 276.8M | 294.5M | 336.9M | 387.4M | 406.8M | |
| Net Income From Continuing Ops | (126.8M) | 1.9M | 44.3M | 78.1M | 89.8M | 94.3M | |
| Tax Provision | 6.4M | 8.2M | 7.9M | 16.0M | 18.4M | 19.4M | |
| Interest Income | 1.4M | 352K | 412K | 3.2M | 2.8M | 1.5M | |
| Net Interest Income | (22.3M) | (22.5M) | (12.4M) | (14.2M) | (12.8M) | (13.4M) | |
| Reconciled Depreciation | 80.2M | 71.5M | 40.2M | 34.9M | 40.1M | 55.8M |
Extreme Networks Investors Sentiment
The influence of Extreme Networks' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Extreme. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Extreme Networks' public news can be used to forecast risks associated with an investment in Extreme. The trend in average sentiment can be used to explain how an investor holding Extreme can time the market purely based on public headlines and social activities around Extreme Networks. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Extreme Networks' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Extreme Networks' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Extreme Networks' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Extreme Networks.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Extreme Networks in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Extreme Networks' short interest history, or implied volatility extrapolated from Extreme Networks options trading.
Pair Trading with Extreme Networks
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extreme Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extreme Networks will appreciate offsetting losses from the drop in the long position's value.Moving together with Extreme Stock
| 0.76 | CSCO | Cisco Systems Fiscal Quarter End 30th of April 2024 | PairCorr |
| 0.63 | G | Genpact Limited Sell-off Trend | PairCorr |
Moving against Extreme Stock
| 0.86 | CACI | CACI International Earnings Call This Week | PairCorr |
| 0.83 | UCTT | Ultra Clean Holdings | PairCorr |
| 0.81 | LRCX | Lam Research Corp Earnings Call This Week | PairCorr |
| 0.81 | FORTY | Formula Systems 1985 | PairCorr |
| 0.79 | NVMI | Nova Financial Report 9th of May 2024 | PairCorr |
The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extreme Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extreme Networks to buy it.
The correlation of Extreme Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extreme Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Extreme Stock analysis
When running Extreme Networks' price analysis, check to measure Extreme Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.
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Is Extreme Networks' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Extreme Networks. If investors know Extreme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Extreme Networks listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Earnings Share 0.6 | Revenue Per Share 10.456 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0723 |
The market value of Extreme Networks is measured differently than its book value, which is the value of Extreme that is recorded on the company's balance sheet. Investors also form their own opinion of Extreme Networks' value that differs from its market value or its book value, called intrinsic value, which is Extreme Networks' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Extreme Networks' market value can be influenced by many factors that don't directly affect Extreme Networks' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Extreme Networks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Extreme Networks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Extreme Networks' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.