Extreme Income Statement Research

EXTR Stock

USD 10.94 0.19 1.71%

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 Extreme Networks Valuation and Extreme Networks Correlation analysis.

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 04/19/2024, Cost Of Revenue is likely to grow to about 673.5 M, while Total Other Income Expense Net is likely to drop (3 M).

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 04/19/2024, 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

Gross Profit Total Revenue

Extreme Networks income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.86	0.69	0.68	0.73	0.17	0.2	0.82	0.48	0.7	0.76	-0.06	-0.59	-0.09	0.29	0.64	0.71	-0.14	0.34	-0.12	0.11	-0.39	-0.89	0.86
Interest Expense	0.86		0.87	0.87	0.89	0.52	0.54	0.93	0.75	0.86	0.9	0.28	-0.38	0.23	0.65	0.86	0.9	0.19	0.25	0.05	0.54	-0.38	-0.95	0.86
Total Revenue	0.69	0.87		1.0	1.0	0.71	0.78	0.97	0.91	1.0	0.99	0.55	-0.12	0.51	0.79	0.94	0.96	0.45	0.22	0.26	0.69	-0.23	-0.71	0.56
Gross Profit	0.68	0.87	1.0		0.99	0.74	0.8	0.97	0.93	0.99	0.99	0.59	-0.08	0.54	0.8	0.95	0.96	0.48	0.21	0.27	0.71	-0.24	-0.71	0.56
Other Operating Expenses	0.73	0.89	1.0	0.99		0.65	0.72	0.98	0.87	1.0	1.0	0.48	-0.19	0.43	0.76	0.93	0.96	0.37	0.22	0.2	0.64	-0.24	-0.73	0.6
Operating Income	0.17	0.52	0.71	0.74	0.65		0.96	0.59	0.91	0.67	0.63	0.96	0.53	0.94	0.81	0.76	0.68	0.92	-0.02	0.44	0.88	-0.14	-0.37	0.13
Ebit	0.2	0.54	0.78	0.8	0.72	0.96		0.65	0.96	0.75	0.7	0.93	0.41	0.91	0.81	0.79	0.74	0.89	0.17	0.57	0.84	-0.08	-0.36	0.12
Research Development	0.82	0.93	0.97	0.97	0.98	0.59	0.65		0.83	0.97	0.99	0.39	-0.28	0.35	0.68	0.91	0.96	0.29	0.27	0.17	0.56	-0.29	-0.81	0.72
Ebitda	0.48	0.75	0.91	0.93	0.87	0.91	0.96	0.83		0.88	0.86	0.81	0.18	0.78	0.81	0.9	0.88	0.75	0.25	0.47	0.79	-0.2	-0.59	0.38
Cost Of Revenue	0.7	0.86	1.0	0.99	1.0	0.67	0.75	0.97	0.88		0.99	0.51	-0.16	0.46	0.77	0.93	0.96	0.4	0.23	0.24	0.65	-0.22	-0.7	0.56
Total Operating Expenses	0.76	0.9	0.99	0.99	1.0	0.63	0.7	0.99	0.86	0.99		0.45	-0.21	0.4	0.75	0.93	0.96	0.34	0.21	0.18	0.63	-0.25	-0.76	0.64
Income Before Tax	-0.06	0.28	0.55	0.59	0.48	0.96	0.93	0.39	0.81	0.51	0.45		0.71	1.0	0.7	0.59	0.51	0.99	-0.03	0.52	0.79	-0.03	-0.12	-0.13
Total Other Income Expense Net	-0.59	-0.38	-0.12	-0.08	-0.19	0.53	0.41	-0.28	0.18	-0.16	-0.21	0.71		0.74	0.21	-0.02	-0.14	0.76	-0.41	0.27	0.38	0.2	0.46	-0.61
Net Income	-0.09	0.23	0.51	0.54	0.43	0.94	0.91	0.35	0.78	0.46	0.4	1.0	0.74		0.65	0.55	0.46	0.99	-0.02	0.53	0.75	-0.02	-0.08	-0.16
Income Tax Expense	0.29	0.65	0.79	0.8	0.76	0.81	0.81	0.68	0.81	0.77	0.75	0.7	0.21	0.65		0.87	0.76	0.61	-0.19	0.11	0.95	-0.14	-0.51	0.25
Selling General Administrative	0.64	0.86	0.94	0.95	0.93	0.76	0.79	0.91	0.9	0.93	0.93	0.59	-0.02	0.55	0.87		0.96	0.52	0.08	0.23	0.78	-0.21	-0.74	0.53
Selling And Marketing Expenses	0.71	0.9	0.96	0.96	0.96	0.68	0.74	0.96	0.88	0.96	0.96	0.51	-0.14	0.46	0.76	0.96		0.43	0.21	0.29	0.68	-0.23	-0.75	0.62
Net Income From Continuing Ops	-0.14	0.19	0.45	0.48	0.37	0.92	0.89	0.29	0.75	0.4	0.34	0.99	0.76	0.99	0.61	0.52	0.43		-0.03	0.56	0.74	0.0	-0.05	-0.19
Non Recurring	0.34	0.25	0.22	0.21	0.22	-0.02	0.17	0.27	0.25	0.23	0.21	-0.03	-0.41	-0.02	-0.19	0.08	0.21	-0.03		0.54	-0.24	-0.07	-0.22	0.25
Non Operating Income Net Other	-0.12	0.05	0.26	0.27	0.2	0.44	0.57	0.17	0.47	0.24	0.18	0.52	0.27	0.53	0.11	0.23	0.29	0.56	0.54		0.26	0.44	0.11	-0.18
Tax Provision	0.11	0.54	0.69	0.71	0.64	0.88	0.84	0.56	0.79	0.65	0.63	0.79	0.38	0.75	0.95	0.78	0.68	0.74	-0.24	0.26		-0.04	-0.39	0.15
Interest Income	-0.39	-0.38	-0.23	-0.24	-0.24	-0.14	-0.08	-0.29	-0.2	-0.22	-0.25	-0.03	0.2	-0.02	-0.14	-0.21	-0.23	0.0	-0.07	0.44	-0.04		0.47	-0.49
Net Interest Income	-0.89	-0.95	-0.71	-0.71	-0.73	-0.37	-0.36	-0.81	-0.59	-0.7	-0.76	-0.12	0.46	-0.08	-0.51	-0.74	-0.75	-0.05	-0.22	0.11	-0.39	0.47		-0.92
Reconciled Depreciation	0.86	0.86	0.56	0.56	0.6	0.13	0.12	0.72	0.38	0.56	0.64	-0.13	-0.61	-0.16	0.25	0.53	0.62	-0.19	0.25	-0.18	0.15	-0.49	-0.92

Click cells to compare fundamentals

Extreme Networks Account Relationship Matchups

Extreme Networks income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
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
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
Income Before Tax	(120.5M)	10.2M	52.2M	94.1M	108.2M	113.6M
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
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)

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

0.77	CSCO	Cisco Systems Fiscal Quarter End 30th of April 2024	Pair Corr
0.63	G	Genpact Limited Financial Report 8th of May 2024	Pair Corr

Moving against Extreme Stock

0.83	CACI	CACI International Earnings Call This Week	Pair Corr
0.79	FORTY	Formula Systems 1985	Pair Corr
0.79	UCTT	Ultra Clean Holdings	Pair Corr
0.76	LRCX	Lam Research Corp Earnings Call This Week	Pair Corr
0.76	NVMI	Nova Financial Report 9th of May 2024	Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Extreme Networks is a strong investment it is important to analyze Extreme Networks' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Extreme Networks' future performance. For an informed investment choice regarding Extreme Stock, refer to the following important reports:

How To Invest In Extreme

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Is Extreme Stock a good investment?

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What is Extreme Networks' Net Worth?

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Check out Extreme Networks Valuation and Extreme Networks Correlation analysis.

To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.

You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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.

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Extreme Income Statement Research

Extreme Networks income statement Correlations

Extreme Networks Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Extreme Networks income statement Accounts

Pair Trading with Extreme Networks

Moving together with Extreme Stock

Moving against Extreme Stock

Complementary Tools for Extreme Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Total Operating Expenses	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Income Before Tax

Net Interest Income	- 0.95	Interest Expense
Reconciled Depreciation	- 0.92	Net Interest Income
Net Interest Income	- 0.89	Depreciation And Amortization
Net Interest Income	- 0.81	Research Development
Net Interest Income	- 0.76	Total Operating Expenses
Net Interest Income	- 0.75	Selling And Marketing Expenses