Extreme Networks, Inc. (EXTR) Bundle
An Overview of Extreme Networks, Inc. (EXTR)
General Summary of Extreme Networks, Inc. (EXTR)
Extreme Networks, Inc. is a networking solutions company headquartered in San Jose, California. Founded in 1996, the company specializes in enterprise networking equipment and cloud-driven networking solutions.
Company Products and Services
Key product offerings include:
- Enterprise network switches
- Wireless access points
- Network management software
- Cloud-based networking solutions
Financial Performance Highlights (Q1 2024)
| Financial Metric | Value |
|---|---|
| Total Revenue | $286.4 million |
| Gross Margin | 43.7% |
| Net Income | $14.2 million |
| Cash and Investments | $204.6 million |
Market Position
Extreme Networks ranks among the top 5 enterprise networking solution providers globally, with significant market presence in:
- Enterprise networking
- Higher education
- Healthcare technology infrastructure
- Hospitality networking solutions
Industry Leadership Metrics
| Market Segment | Market Share |
|---|---|
| Enterprise Network Switches | 7.2% |
| Cloud Networking Solutions | 5.9% |
| Wireless Infrastructure | 6.5% |
Stock ticker: NASDAQ: EXTR, Current stock price: $8.43 (as of February 2024).
Mission Statement of Extreme Networks, Inc. (EXTR)
Mission Statement of Extreme Networks, Inc. (EXTR)
Extreme Networks, Inc. (NASDAQ: EXTR) mission statement focuses on delivering innovative networking solutions that enable digital transformation for enterprises, cloud service providers, and government organizations.
Core Mission Components
Technological Innovation
Extreme Networks demonstrates technological innovation through:
- $205.4 million invested in R&D in fiscal year 2023
- 238 networking patents held as of December 2023
- Cloud-driven networking solutions across enterprise infrastructure
| R&D Metric | 2023 Data |
|---|---|
| R&D Investment | $205.4 million |
| Total Patents | 238 |
| Product Development Cycles | 4-6 per year |
Market Positioning
Market positioning strategy includes:
- Serving 50,000+ enterprise customers globally
- Presence in 80+ countries
- Network solution market share of 4.2% in 2023
Customer-Centric Approach
Customer-centric metrics for 2023:
| Customer Metric | Value |
|---|---|
| Customer Retention Rate | 92.5% |
| Customer Satisfaction Score | 4.6/5 |
| Support Response Time | 45 minutes |
Financial Performance Alignment
Financial metrics supporting mission statement:
- Annual Revenue: $1.06 billion (2023)
- Net Income: $46.3 million
- Gross Margin: 58.2%
Vision Statement of Extreme Networks, Inc. (EXTR)
Vision Statement Components of Extreme Networks, Inc. (EXTR)
Digital Transformation LeadershipExtreme Networks aims to be a global leader in cloud-driven networking solutions. As of Q4 2023, the company reported:
| Metric | Value |
|---|---|
| Annual Revenue | $1.2 billion |
| Cloud Networking Market Share | 4.7% |
| Global Enterprise Customers | Over 30,000 |
Key technological focus areas include:
- AI-driven network management
- Secure cloud networking solutions
- Intelligent edge computing platforms
| Technology Segment | Market Position |
|---|---|
| Enterprise Networking | Top 5 Global Provider |
| Cloud Networking | Tier 1 Solution Provider |
Financial growth targets for 2024:
- Revenue Growth: 6-8%
- R&D Investment: $180 million
- Global Market Expansion
| Innovation Area | Investment |
|---|---|
| AI Networking Research | $45 million |
| Cybersecurity Solutions | $35 million |
Core Values of Extreme Networks, Inc. (EXTR)
Core Values of Extreme Networks, Inc. (EXTR)
Customer Success and Innovation
Extreme Networks demonstrates commitment to customer success through measurable outcomes:
| Annual R&D Investment | $129.4 million (2023) |
| Patent Portfolio | Over 450 active patents |
| Product Development Cycles | 3-4 major releases annually |
Technological Leadership
Key technological achievements include:
- Cloud-managed networking solutions
- AI-driven network automation
- Extreme AI-driven insights platform
Corporate Social Responsibility
Sustainability metrics:
| Carbon Reduction Target | 30% reduction by 2030 |
| Diversity in Leadership | 24% women in executive roles |
| Community Investment | $2.1 million in social initiatives |
Operational Excellence
Financial performance indicators:
- Revenue: $1.2 billion (FY 2023)
- Gross Margin: 62.4%
- Operating Cash Flow: $184.3 million
Collaborative Culture
Employee engagement statistics:
| Total Employees | 2,100 |
| Employee Retention Rate | 86% |
| Internal Promotion Rate | 42% |
Extreme Networks, Inc. (EXTR) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.