<< Read Full Article
<< Read Full Article
Extreme Networks Reduces Guidance
Extreme Networks (EXTR Quote) said on Thursday that it expects to miss Wall Street's earnings projections for the fiscal third quarter, and the company set plans to cut an unknown number of employees.
Extreme said it expects to post a loss of 6 cents to 8 cents a share, before charges, in the fiscal third quarter. The networking company cited weakening economic conditions as the reason for the reduction. Sixteen analysts polled by Thomson Financial/First Call are expecting the company to post earnings of 12 cents a share in the quarter, up from 8 cents in the year-ago period. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,366.15 | 1,099.92 | 2,173.14 | 33.80 |
Oil *
77.73
|
|
DOWN
86.53
|
DOWN
9.32
|
DOWN
11.89
|
UP
0.57
|
10 Yr
3.38%
SPDR Gold
118.70
|
|
-0.83%
|
-0.84%
|
-0.54%
|
+1.72%
|
Data delayed 20 minutes |
Connect with TheStreet