Extreme Networks Inc (EXTR)
Pretax margin
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | -77,499 | 8,400 | 99,492 | 113,012 | 94,058 | 68,521 | 57,157 | 51,714 | 52,194 | 57,575 | 48,803 | 32,442 | 10,185 | -22,575 | -71,278 | -91,792 | -120,443 | -115,764 | -78,024 | -54,384 |
| Revenue (ttm) | US$ in thousands | 1,117,793 | 1,206,801 | 1,327,505 | 1,350,661 | 1,296,105 | 1,216,506 | 1,171,259 | 1,134,452 | 1,103,793 | 1,100,623 | 1,066,015 | 1,024,318 | 989,353 | 920,965 | 877,599 | 903,377 | 925,180 | 965,663 | 1,008,491 | 996,267 |
| Pretax margin | -6.93% | 0.70% | 7.49% | 8.37% | 7.26% | 5.63% | 4.88% | 4.56% | 4.73% | 5.23% | 4.58% | 3.17% | 1.03% | -2.45% | -8.12% | -10.16% | -13.02% | -11.99% | -7.74% | -5.46% |
June 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $-77,499K ÷ $1,117,793K
= -6.93%
Extreme Networks Inc's pretax margin has shown fluctuations over the past several quarters. The pretax margin was negative in some periods, indicating that the company's pre-tax earnings were not sufficient to cover its operating expenses and interest payments. However, there has been a general upward trend in the pretax margin over the past few quarters, with recent quarters showing positive pretax margins.
The company experienced a significant improvement in its pretax margin from negative values in late 2020 to positive values in mid-2022. This improvement suggests that Extreme Networks Inc has been able to better manage its expenses and generate higher pre-tax profits. However, the pretax margin decreased slightly in the most recent quarter, indicating that there may have been challenges that impacted the company's profitability.
Overall, Extreme Networks Inc's pretax margin trend indicates a mix of positive and negative performance, highlighting the need for the company to continue monitoring and managing its operating expenses and improving its revenue generation to sustain profitability in the long term.
Peer comparison
Jun 30, 2024