Extreme Networks shares plunge ~20% amid CFO resignation, despite strong Q2 results, bullish outlook

Extreme Networks Headquarters in Silicon Valley

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Extremism Network (NASDAQ:EXTR CHILDREN) stock falls ~20% on Wednesday while the FQ2 results beat estimates and the company announced the resignation of Chief Financial Officer Rémi Thomas.

Non-GAAP EPS increased +28.6% Y/Y to $0.27, while total net sales increased +13.3% Y/Y to ~$318.35 million. Both numbers beat analysts


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