Extreme Networks, Inc. (NASDAQ:EXTR) Q2 2023 Earnings Conference Call January 25, 2023 8:00 AM ET

Company Participants

Stanley Kovler - Vice President of Strategy & IR

Ed Meyercord - President & CEO

Cristina Tate - Interim CFO

Conference Call Participants

Alex Henderson - Needham

Eric Martinuzzi - Lake Street Capital

Mike Genovese - Rosenblatt Securities

Greg Mesniaeff - West Park Capital

Dave Kang - B. Riley

Tyler Burmeister - Craig-Hallum

Operator

Good day, and thank you for standing by. Welcome to the Extreme Networks Second Quarter Fiscal Year '23 Financial Results. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Stan Kovler, Vice President, Corporate Strategy and Investor Relations. Please go ahead.

Stanley Kovler

Thank you, and welcome to the Extreme Networks fiscal second quarter 2023 earnings conference call. I'm Stan Kovler, Vice President of Corporate Strategy and Investor Relations. With me today are Extreme Networks' President and CEO, Ed Meyercord; and Interim CFO, Cristina Tate.

We just distributed a press release and filed an 8-K detailing Extreme's financial results for the quarter and also an 8-K detailing our CFO transition. For your convenience, a copy of the press release, which includes our GAAP to non-GAAP reconciliations, our earnings presentation are both available in the Investor Relations section of our website at extremenetworks.com.

And I would like to remind you that during today's call, our discussion may include forward-looking statements about Extreme's future business, financial and operational results, growth expectations and strategies. All financial disclosures on this call will be made on a non-GAAP basis, unless stated otherwise.

We caution you not to put undue reliance on these forward-looking statements, as they involve risks and uncertainties that can cause actual results to differ materially from those anticipated by these statements, as described in our risk factors in our 10-K report for the period ended June 30, 2022, is filed with the SEC. Any forward-looking statements made on this call reflect our analysis as of today and we have no plans or duty to update them except as required by law.

Now, it's my pleasure to turn the call over to Extreme's President and CEO, Ed Meyercord.

Ed Meyercord

Thank you, Stan, and thank you all for joining us this morning. We had another record quarter, as demand for cloud-driven networking and for Extreme Solutions remains exceptionally strong with good visibility through fiscal year end '23, leading us to raise our full year revenue outlook to the high end of our range.