Extreme Networks Inc (NAS:EXTR)
$ 10.84 0.2 (1.88%) Market Cap: 1.41 Bil Enterprise Value: 1.47 Bil PE Ratio: 0 PB Ratio: 21.68 GF Score: 67/100
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Extreme Networks Inc at JPMorgan Technology, Media and Communications Conference (Virtual) Transcript

May 12, 2020 / 01:20PM GMT
Release Date Price: $3.32 (+3.43%)
Samik Chatterjee
JP Morgan Chase & Co, Research Division - Analyst

(technical difficulty)

Questions & Answers

Edward B. Meyercord
Extreme Networks, Inc. - President, CEO & Executive Director

(technical difficulty)

I will say that the timing of COVID hit us particularly hard this past quarter because just the timing of our quarter and linearity of our business. So typically, you might see 20%, month 1; 30%, month 2; 50%, month 3. So with the back-end loaded quarters, and that's just the nature of our industry, frankly, and the nature of our business. But how COVID came on strong in March, a lot of people tapped the brakes and paused with their spending decisions. We saw that across the board, people just not knowing exactly what to do in this environment.

And then since that time, we've seen that loosening up a bit. Our largest vertical being in the education space, government, education, when we cluster that together, they're -- they still have budgets, and they're still spending. So in some cases, for example, with

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