Curioustock Posted - 1 hour ago

@Scrat50 I’m holding $UI through earnings, I have even added in the low 100s recently. I think they have some advantage with UDM/ULTRA/Protect tailwinds to keep revenues stable until the market comes back for APs/switching. New Unifi Protect updates have also converted many Hikvision/Dahua users. Also $UI operates in SMB which is holding up It’s mostly enterprise I’m bearish on, which is not exactly Ubiquiti, I think if they miss, stock turns green like $EXTR and $CALX did, as both stated this was the worst quarter. I shorted a small amount of $CMBM as the got leveraged in Enterprise and Tarana eating their lunch and they have nothing special due to lack of focus (except government contracts), so I don’t see them recovering like the rest of the cohort. That said, I’m looking for strong (relative to the industry) revenue and a miss on EPS numbers (all the marketing for UWC and obsolete inventory, scaling support, R&D & new hires)

bdogtradz Posted - 4 hours ago

$EXTR welp maybe not $12 looking like $10 or $9 first 🤦‍♂️

bdogtradz Posted - 1 day ago

$EXTR that gap from $14 to 16.50 just looks so juicy please just rip and fill it

bdogtradz Posted - 1 day ago

$EXTR they just not going to let this thing run

Davruns Posted - 3 days ago

$EXTR I see this and $irdm as the same ride. Both setting up to go nuts. )

bdogtradz Posted - 4 days ago

$EXTR breakout next week $12+

RabiesforCryptos Posted - 4 days ago

$EXTR yo yo week

RabiesforCryptos Posted - 4 days ago

$EXTR 12.55

RabiesforCryptos Posted - 4 days ago

$EXTR damn

Curioustock Posted - 5 days ago

$UI $NTGR another catastrophic quarter from Netgear, they are reseting and clearing all inventory and taking a huge writedown for the next quarter. The are not moving product in any of their segments. Netgear has lost all competitive edge. They are talking about competition in the low and high end of their business, I think TP-Link is eating their lunch, especially on Amazon.com really ugly. Yuck... Its so bad it makes $EXTR earnings sound good!

pjinvestmentco Posted - 6 days ago

$EXTR still trading at 22x earnings

Curioustock Posted - 6 days ago

$UI $EXTR networks revised guidance lower, they said they are seeing a slower recovery and normalization. Shorts taking profits, but I am bearish on the business. They say they are taking share from $CSCO, but winning a few contracts while revenue is being guided lower is not my idea of winning. I expect next Q to show that acceleration to their +$300M is going to be ALOT harder now that all their competitors have unlimited inventory. CEO sounded bullish on all of their platforms, but not on the medium outlook, infact, growth has been kicked out another few months. So this was NOT a good quarter. I expect the gains to fade.

DonCorleone77 Posted - 6 days ago

$EXTR Extreme Networks sees FY24 EPS 51c-55c, consensus 56c Sees FY24 revenue $1.11B-$1.12B consensus $1.13B. "Consistent with our expectations, channel inventory was significantly reduced during the quarter. Heading into the fourth quarter, we expect sequential growth in revenue, but note that the networking industry is still impacted by customers working through their prior purchases. Our expanded go to market opportunities around the integration of networking, security, and AI, give us confidence that we are positioned for a return to growth in FY25," concluded Meyercord.

DonCorleone77 Posted - 6 days ago

$EXTR Extreme Networks sees Q4 EPS 11c-15c, consensus 15c Sees Q4 revenue $250M-$260M, consensus $271.21M. Kevin Rhodes, executive VP and CFO stated, "During the quarter we took actions to improve our operating expense profile that will once again lead to double-digit operating margins and strong cash flow. We expect to return to solid profitability and cash flow generation during the fourth quarter."

DonCorleone77 Posted - 6 days ago

$EXTR Extreme Networks reports Q3 EPS (19c), consensus (18c) Reports Q3 revenue $211.04M, consensus $204.63M. "Extreme's focus on the intersection of networking, security, and AI is creating a compelling value proposition that's resonating with customers and driving significant traction in our business. Net new logos grew double-digits this quarter, particularly in the Americas. Our SaaS ARR grew again by 38%, as we continue to deliver on our promise of creating flexibility and simplicity with One Network, One Cloud. Our competitive positioning in the market has never been stronger, as we believe key competitors are either distracted by portfolio rationalization and integration or have lost their focus on networking. Meanwhile, Extreme remains solely focused on our customers' networking needs," said Ed Meyercord, President and Chief Executive Officer.

epsguid Posted - 6 days ago

$EXTR reported a loss of $0.19, consensus was ($0.18), Earnings Whisper was ($0.15) via @eWhispers #whispermiss http://eps.sh/d/extr

Stock_Titan Posted - 6 days ago

$EXTR Extreme Networks Reports Third Quarter Fiscal Year 2024 Financial Results https://www.stocktitan.net/news/EXTR/extreme-networks-reports-third-quarter-fiscal-year-2024-financial-bgtuk2un00y4.html

Davruns Posted - 04/30/24

$EXTR wait for it.

RabiesforCryptos Posted - 04/30/24

$EXTR 12 mark it

hiloSF Posted - 04/28/24

$EXTR 50dEMA & KUMO are making a tough resistance zone 🤼 watching for a bounce play, but may still have some space to drop to a major support below for now 💧 👇🏽👇🏿 (Using chart program Pro+ 👉 https://tinyurl.com/mr299ytb )

Curioustock Posted - 04/27/24

@TriPragmatist The issue with $CMBM it has a lot of government contracts that are kicking in and they can scrape onto survival if they keep getting those they’re quite opaque about them. CEO is aggressive on discounting, cost cutting and getting inventory out so they can make their supplier agreements. “hoping” to do this without drawing on their credit revolver next quarter. there could be a bounce due to this, although their core business and their balance sheet is wrecked as they’re getting their lunch eaten by Tarana and Ubiquiti. They just need to appear to survive and the stock could bounce. It could also be a disaster where they miss and they draw on their revolver and the stock goes to $2 and fades. Just had a 14% bounce from lows. I’ll need to look more into it. $EXTR some1 just bought 17k calls on the 12 strike for May this week. Theres a narrative that they are taking share and lowballing guide with better inventory than competitors. I disagree but lots of believers

RabiesforCryptos Posted - 04/26/24

$EXTR we will be back to 30 by end of year

Curioustock Posted - 04/26/24

@TriPragmatist Covid brain… not one CFO stopped to look at competitors inventory builds to see if they should be more prudent! They were all so greedy and shortsighted. They’re all guiding for a better second half of 2024 but citing a more “normalization” of their distribution channels, but they are not mentioning that there competitors have plenty of inventory and everyone wants share and demand is hampered by macro which means even with normalized channels EPS is going to be a disaster. I still see $EXTR going to $5-8 and $cmbm & $COMM going to 0 by next year

Curioustock Posted - 04/26/24

@TriPragmatist I think the bottom line number is going to be one of the worst in years. meanwhile estimates are still too high for some reason some analyst put their recovery for this quarter which makes no sense. Unfortunately we are in a similar situation as $TSLA where the products/software are getting much better, but the macro is just plain ugly $JNPR campus/branch numbers indicate that the channel is still stuffed since their inventory numbers actually rose $6M sequentially . I look at the inventories of $CSCO $EXTR $HPE and its reminiscent of 2000 numbers. I would hope that Pera cuts the dividend and takes that cashflow and splits it between dept repayment and a modest share repurchase to keep the shares from falling until EPS can scale again in 2025.

Ginopepino Posted - 04/26/24

$EXTR looking good 😎

BasedInvestor Posted - 04/26/24

$EXTR These are up huge

BuyBottomS Posted - 04/24/24

$EXTR Massive call. Follow the whales?

QuantData Posted - 04/24/24

We have identified an unusual $EXTR block that expires on May 17, 2024 with a strike price of $12.00 14,650 CALL contracts with a price of $0.45 (Ask) were purchased at a $659,250 premium. The price of $EXTR at the time of execution (3:51 PM ET) was $11.08

BasedInvestor Posted - 04/24/24

$EXTR holy moly

Stock_Titan Posted - 04/24/24

$EXTR Extreme Introduces Extreme Labs: A Hub for Research, Development and Innovation in Networking https://www.stocktitan.net/news/EXTR/extreme-introduces-extreme-labs-a-hub-for-research-development-and-l5klazzampd0.html