Extreme Networks Reports 20% Revenue Growth

Extreme Networks reported quarterly revenue of $100.3 million, up 20% from $83.4 million in the year-ago second quarter, and up 5% from $95.1 million in the first fiscal quarter of 2005. The company recorded net income of $9.95 million or $0.08 per diluted share in the second fiscal quarter of 2005, up from the net loss of ($5.6) million or ($0.05) per diluted share in the second fiscal quarter of 2004.



Revenues in the U.S. were $43.4 million in the second quarter of fiscal 2005, or 43.3% of total consolidated revenue. U.S. revenues were up 54% from the $28.2 million in the year-ago quarter. International revenues were $56.9 million or 56.7% of total consolidated revenue, up from the $55.2 million in the year-ago quarter. Revenues in the company's European region, including the Middle East and Africa, were up 21% in the second quarter of 2005 compared with the second quarter of fiscal 2004.
http://www.extremenetworks.com/