Extreme Networks Expects Q2 Revenue to Surpass Expectations, Raises Gross Margin Guidance

Extreme Networks (EXTR) expects Q2 revenue between $309 million and $315 million, surpassing market expectations. The company forecasts a strong gross margin of 61.4% to 62%. However, financial health indicators show low Altman Z-Score and insider selling activity. Despite robust revenue projections, the company's profitability metrics reveal challenges.