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Extreme Networks, Inc. (EXTR) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

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Extreme Networks, Inc. (EXTR) Morgan Stanley Technology, Media & Telecom Conference 2026 March 4, 2026 5:35 PM EST

Company Participants

Kevin Rhodes – Executive VP of Finance & CFO

Conference Call Participants

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Meta Marshall – Morgan Stanley, Research Division

Presentation

Meta Marshall
Morgan Stanley, Research Division

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I’m going to read some disclosures that you’ve heard many times. For important disclosures, please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley sales representative. We’re delighted to have Extreme Networks here today, Kevin Rhodes, CFO. We also have Stan Kovler in the audience. And then myself, I’m Meta Marshall. I cover networking here at Morgan Stanley.

So Kevin, thanks so much for being here today.

Kevin Rhodes
Executive VP of Finance & CFO

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Good to see you again.

Question-and-Answer Session

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Meta Marshall
Morgan Stanley, Research Division

You recently rolled out some impressive targets at your Analyst Day calling for share gains in the market. which we’ll dive into in a minute. Can you just kind of refresh everybody here on Extreme’s value proposition and kind of the key verticals that you serve?

Kevin Rhodes
Executive VP of Finance & CFO

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Sure, sure. Happy to. And by the way, at the Analyst Day, I would say that was a good day for us to roll out for the next several years what we are going to achieve 10% growth on the revenue side, 20% growth on the bottom line side. And we’ve been executing pretty well, right? 7 quarters in a row of growth as a company. And so that was a meaningful kind of event for us to talk to investors about what we’re trying to do.

From a market perspective, as you can probably appreciate, we’re on the wired and wireless

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