In Monday’s after-hour session, Extreme Networks Inc. (EXTR) shares rose 10.15 percent to $10.53. During the regular trading session, Extreme Networks stock lost -9.21%, closing at $9.56. The average daily trading volume for EXTR in the last 50 days is 1.05 million shares, which is below the 1.88 million-share trading volume recorded today.

In the last five days, EXTR shares have advanced -12.85%; however, over the past month, the stock has lost -13.80%. EXTR has gained 113.87 percent so far this year, with its price up 0.63% over the past three months. As the EXTR stock has recovered in extended trades after losing ground in regular trades due to a lack of current news, we can discuss recent developments to obtain a more comprehensive understanding of EXTR.

Has EXTR been going well lately?

As a provider of effortless networking experiences, Extreme Networks empowers us all to prosper. EXTR utilizes the power of machine learning, artificial intelligence, analytics, and automation to push the boundaries of technology. The EXTR top-rated services and support are used by over 50,000 customers around the world to accelerate their digital transformation efforts and deliver unprecedented progress.

It has recently been announced that Extreme Networks plans to release financial results for the fifth quarter, ended June 30, 2021, and the full year.

• In conjunction with the earnings announcement, EXTR will hold a webcast and conference call on Wednesday, July 28, 2021.
• On Wednesday, July 28 at 8:00 a.m. ET, EXTR will host a conference call and webcast.
• Webcast will be accessible via the Investors section of the EXTR website.
• The webcast will be streamed live over the internet, so EXTR investors can access it through the website.
• Participants can join EXTR’s conference call by dialing 1 (877) 303-9826 toll free or 1 (224) 357-2194 from abroad.
• Replays of conference calls will be available for 7 days after the event.
• According to the 650 Group’s June 2021 Cloud-Managed Network Services Report, Extreme Networks is the second-ranked brand in the cloud-managed network services industry and one of the fastest growing cloud-managed network service providers.
• EXTR outpaces the market, including the leader, and possesses more market share than the third and fourth ranked vendors combined.

How EXTR is performing in the cloud market?

An expanding number of enterprises have adopted cloud services over the past year, driving rapid growth for EXTR in the market of cloud-managed networks services. Extreme Networks (EXTR) is punching above its weight in the rapidly growing cloud and wireless technology market, and the company anticipates that the market will continue to expand as vendors like Extreme Networks expand their cloud offerings.