Extreme Networks reported second-quarter earnings per share of $0.26, surpassing the consensus estimate of $0.24 by $0.02. The company delivered revenue of $317.93 million, topping analysts’ forecast of $312.33 million and marking a 13.8% increase compared with the same quarter a year ago. Net margin was reported at 0.73%, while return on equity reached 81.83%, underscoring strong operational leverage despite modest profitability.

Management set third-quarter EPS guidance between $0.230 and $0.250, well above the consensus expectation of approximately $0.19. For full-year 2026, the company now expects EPS in the range of $0.980 to $1.020, beating the prior consensus of around $0.80. Executives cited seven consecutive quarters of sequential revenue growth and Platform ONE bookings running at twice plan as evidence of sustained top-line momentum.

Institutional investors increased their stakes in the quarter, with M&T Bank Corp raising its holdings by 547.7% to 77,937 shares and Round Rock Advisors LLC boosting its position by 95.0% to 40,803 shares. CEO Edward Meyercord sold 50,000 shares, representing a 2.60% reduction in his position, in a transaction totaling roughly $827,000, as disclosed in a recent SEC filing. Institutional ownership stands at 91.05% of the outstanding shares.

Kevin Rhodes, EVP and CFO, will present at three key events: the Susquehanna 15th Annual Technology Conference (virtual) on February 27, the Morgan Stanley Technology, Media & Telecom Conference (San Francisco) on March 4 at 2:35 p.m. PST, and the Cantor Global Technology & Industrial Growth Conference (New York) on March 11. A live webcast of the March 4 fireside chat will be available on the company’s Investor Relations website and archived for 30 days.