Go figure, up 15% today. They got an upgrade and a downgrade, LOL. I guess people still pay attention to that.
Extreme Networks slumps as Q4 rev. falls short (8:36 AM ET) Shares of Extreme Networks(EXTR: news, chart, profile)are slumping 18 cents, or 5.2 percent, to $3.28 after the broadband services company reported late Monday fiscal second quarter revenue that fell short of expectations. Sales for the quarter ending December fell 17 percent to $90.2 million, below the average analyst forecast compiled by Thomson First Call of $98.62 million. Net losses for the period, including special charges and deferred compensation, widened to $19.7 million, or 17 cents a share, from last year's loss of 9 cents a share. Excluding non-recurring items, losses narrowed to $2.8 million from $3.1 million.
I just didn't like the way they kind of 'snuck' their earnings out unannounced. I made a little money on it, so, what the hell. |
