RHODES KEVIN R sold $487K of EXTR

Extreme Networks (EXTR) reported Q4 FY2026 revenue of $338.6M, up 10.3% year over year, and non-GAAP EPS of $0.32. Full-year revenue rose to $1.28B and non-GAAP EPS to $1.06. Management guided FY2027 revenue of $1.38B to $1.4B and non-GAAP EPS of $1.28 to $1.33.

Extreme Networks CEO Ed Meyercord said the company is moving up-market and expanding its MSP channel, with about 85% of revenue via indirect channels. It reported fiscal 2026 results before market open, with quarterly subscription bookings rising from about $3M to about $50M, and said it guided to lower next-year growth, which contributed to a 19% stock drop to $25.20.

Extreme Networks reported 13% fiscal 2026 revenue growth and said Platform ONE drove nearly half of Q4 subscription bookings. It expects fiscal 2027 revenue of $1.38 billion to $1.4 billion and earnings growth of 20% plus, with half of the installed base migrating to Platform ONE by end of fiscal 2027. The company also discussed supply, pricing, and SaaS ARR reacceleration.

Extreme Networks (NASDAQ:EXTR) reported Q4 operating margin of 15.7% and EBITDA of $59 million (17.5% margin), with $65 million in cash flow and $47 million net cash. Full-year non-GAAP operating margin rose 60 bps to 14.8%, EBITDA increased 20% to $210 million, and it repurchased $25 million of shares at $16.66. Q1 FY2027 revenue forecast is $334M-$339M; full-year revenue $1.38B-$1.40B.

EXTREME NETWORKS INC (EXTR) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 For more information, contact: Investor Relations Media Contact Stan Kovler Amy Aylward 919/595-4196 603/952-5138 Investor_relations@extremenetworks.com pr@extremenetworks.com Extreme Networks Reports Fourth Quarter and Fiscal Year 2026 Financial Results FY26 Revenue

KNIGHT LESTER B purchased 20,000 indirectly-held shares of Aon plc (AON) at an average of $327.48 ($325.63–$330.51, $6.55M total) across 6 trades on 2026-09-02.