Extreme Historical Income Statement

EXTR Stock  USD 16.60  0.18  1.10%   
Historical analysis of Extreme Networks income statement accounts such as Total Revenue of 601.8 M or Gross Profit of 325.1 M can show how well Extreme Networks performed in making a profits. Evaluating Extreme Networks income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Extreme Networks's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Extreme Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Extreme Networks is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.

About Extreme Income Statement Analysis

Extreme Networks Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Extreme Networks shareholders. The income statement also shows Extreme investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Extreme Networks Income Statement Chart

At this time, Extreme Networks' Depreciation And Amortization is relatively stable compared to the past year. As of 11/29/2024, Interest Expense is likely to grow to about 17.8 M, while Gross Profit is likely to drop slightly above 325.1 M.

Total Revenue

Total revenue comprises all receipts Extreme Networks generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Extreme Networks minus its cost of goods sold. It is profit before Extreme Networks operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Extreme Networks. It is also known as Extreme Networks overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.
Most accounts from Extreme Networks' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Extreme Networks current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.At this time, Extreme Networks' Depreciation And Amortization is relatively stable compared to the past year. As of 11/29/2024, Interest Expense is likely to grow to about 17.8 M, while Gross Profit is likely to drop slightly above 325.1 M.
 2021 2022 2023 2024 (projected)
Gross Profit629.9M754.7M630.8M325.1M
Total Revenue1.1B1.3B1.1B601.8M

Extreme Networks income statement Correlations

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0.890.80.810.820.210.130.930.470.790.83-0.16-0.69-0.210.560.770.83-0.250.270.00.38-0.21-0.970.8
0.820.81.00.990.410.430.890.681.00.990.14-0.480.090.650.860.940.010.310.040.41-0.09-0.730.53
0.820.811.00.990.450.460.890.710.990.980.18-0.450.130.670.870.940.050.30.050.44-0.1-0.740.53
0.820.820.990.990.310.340.910.611.01.00.03-0.55-0.010.620.860.94-0.090.290.010.36-0.06-0.740.55
0.30.210.410.450.310.890.220.820.340.290.910.450.890.560.370.320.860.040.090.66-0.27-0.260.04
0.320.130.430.460.340.890.170.920.390.30.90.360.880.430.250.30.850.310.150.46-0.3-0.170.04
0.840.930.890.890.910.220.170.480.890.91-0.11-0.65-0.160.550.820.88-0.220.30.120.31-0.11-0.840.64
0.660.470.680.710.610.820.920.480.650.580.710.070.690.510.450.570.640.370.040.45-0.41-0.510.4
0.810.791.00.991.00.340.390.890.650.990.08-0.520.030.630.840.93-0.050.320.020.36-0.08-0.710.52
0.830.830.990.981.00.290.30.910.580.990.0-0.56-0.050.610.880.95-0.120.270.00.36-0.05-0.760.57
0.01-0.160.140.180.030.910.9-0.110.710.080.00.711.00.320.070.020.980.030.120.46-0.220.11-0.25
-0.51-0.69-0.48-0.45-0.550.450.36-0.650.07-0.52-0.560.710.74-0.15-0.43-0.530.77-0.35-0.040.08-0.030.62-0.61
-0.02-0.210.090.13-0.010.890.88-0.160.690.03-0.051.00.740.250.01-0.030.990.050.130.39-0.220.15-0.27
0.420.560.650.670.620.560.430.550.510.630.610.32-0.150.250.760.60.2-0.21-0.110.93-0.03-0.520.14
0.620.770.860.870.860.370.250.820.450.840.880.07-0.430.010.760.92-0.030.080.180.630.17-0.690.33
0.80.830.940.940.940.320.30.880.570.930.950.02-0.53-0.030.60.92-0.060.280.110.4-0.01-0.770.55
-0.07-0.250.010.05-0.090.860.85-0.220.64-0.05-0.120.980.770.990.2-0.03-0.060.040.160.37-0.20.18-0.29
0.30.270.310.30.290.040.310.30.370.320.270.03-0.350.05-0.210.080.280.040.54-0.32-0.08-0.220.27
-0.180.00.040.050.010.090.150.120.040.020.00.12-0.040.13-0.110.180.110.160.54-0.030.550.12-0.3
0.220.380.410.440.360.660.460.310.450.360.360.460.080.390.930.630.40.37-0.32-0.030.04-0.380.0
-0.41-0.21-0.09-0.1-0.06-0.27-0.3-0.11-0.41-0.08-0.05-0.22-0.03-0.22-0.030.17-0.01-0.2-0.080.550.040.33-0.48
-0.91-0.97-0.73-0.74-0.74-0.26-0.17-0.84-0.51-0.71-0.760.110.620.15-0.52-0.69-0.770.18-0.220.12-0.380.33-0.88
0.880.80.530.530.550.040.040.640.40.520.57-0.25-0.61-0.270.140.330.55-0.290.27-0.30.0-0.48-0.88
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Extreme Networks Account Relationship Matchups

Extreme Networks income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization63.8M77.1M55.1M47.1M29.4M30.1M
Interest Expense23.8M22.9M12.8M17.4M17.0M17.8M
Total Revenue948.0M1.0B1.1B1.3B1.1B601.8M
Gross Profit517.8M585.1M629.9M754.7M630.8M325.1M
Other Operating Expenses992.8M970.4M1.0B1.2B1.1B607.8M
Operating Income(42.7M)34.4M64.2M108.3M(28.9M)(30.3M)
Ebit(42.7M)33.0M65.0M111.5M(49.1M)(46.6M)
Research Development209.6M197.0M190.6M214.3M211.9M222.5M
Ebitda21.2M110.1M120.1M158.6M(19.6M)(18.6M)
Cost Of Revenue430.2M424.3M482.4M557.7M486.4M276.8M
Total Operating Expenses562.7M546.1M557.0M643.2M657.7M331.0M
Income Before Tax(120.5M)10.2M52.2M94.1M(77.5M)(73.6M)
Total Other Income Expense Net(77.8M)(24.2M)(12.0M)(14.2M)(48.6M)(46.2M)
Net Income(126.8M)1.9M44.3M78.1M(86.0M)(81.7M)
Income Tax Expense6.4M8.2M7.9M16.0M8.5M6.3M
Selling General Administrative61.0M66.2M68.7M89.9M99.9M55.7M
Net Income Applicable To Common Shares(126.8M)1.9M44.3M78.1M70.3M73.8M
Selling And Marketing Expenses283.6M276.8M294.5M336.9M345.8M188.4M
Net Income From Continuing Ops(126.8M)1.9M44.3M78.1M(86.0M)(81.7M)
Tax Provision6.4M8.2M7.9M16.0M8.5M6.7M
Interest Income1.4M352K412K3.2M4.6M2.3M
Net Interest Income(22.3M)(22.5M)(12.4M)(14.2M)(12.4M)(13.1M)
Reconciled Depreciation80.2M71.5M40.2M34.9M29.4M38.4M

Pair Trading with Extreme Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extreme Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extreme Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extreme Stock

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Moving against Extreme Stock

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The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extreme Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extreme Networks to buy it.
The correlation of Extreme Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extreme Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Extreme Stock Analysis

When running Extreme Networks' price analysis, check to measure Extreme Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.