Extreme Networks

(EXTR) - Get Report

reaffirmed its expectations for the second fiscal quarter ended Dec. 31, 2001, saying it expects revenue of $108 million to $110 million and pro forma earnings of 1 cent or 2 cents a share.

Wall Street was expecting earnings of 1 cent per share, according to Thomson Financial/First Call.

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Shares of Extreme Networks were recently up 8.1% to $16.95 in Instinet premarket trading after closing at $15.68 Friday on the Nasdaq.