Extreme numbers up on service provider sales
Growth in sales through service provider partners in EMEA helped Extreme Networks reverse its year-ago losses during the first quarter of its fiscal 2011, the firm has said.
On a GAAP basis, operating income during the period to 26 September was $2.5m (£1.55m) compared to a loss of $5.3m this time last year. Net income, meanwhile, was $2.7m, up from a loss of $5.3m.
Net sales at US-based Extreme rose 26% year-on-year to $83.8m, coming in at the high end of previously announced guidance.
"Both EMEA and APAC posted solid performance, as we benefited from improvement in orders for service providers in EMEA through our Strategic Alliance partners," said
CEO Oscar Rodriguez.
The firm's North American operation performed less well, with changes to Extreme's sales organisation in the theatre affecting its performance.
Added Rodriguez: "As the global economies strengthen we will continue to position in areas for additional growth. Based on the strength of our technology and our focus on affordable leading-edge products, I believe we can increase our sales contribution through both traditional channel partners and Alliance channels."