Extreme Reports Revenue of $83.4 Million

Extreme Networks reported quarterly revenue of $83.8 million, compared to $97.9 million in the same period last year and compared to $82.4 million in the preceding quarter. Because the company is conducting a review of its historical practices for stock option grants and accounting for option grants, it did not provide GAAP metrics.



Revenues in the U.S. were $34.2 million in the quarter, representing 40.9 percent of total consolidated revenue, compared to $45.1 million or 46.1 percent of revenue in the same quarter a year ago, and compared to $35.0 million or 42.4 percent of revenue in the fourth quarter of fiscal 2006. International revenues were $49.6 million or 59.1 percent of total revenues, compared to $52.8 million or 53.9 percent of total revenues in the first quarter of last fiscal year, and compared to $47.4 million or 57.6 percent of revenue in the fourth quarter of fiscal 2006
http://www.extremenetworks.com