10-Gig Drives Extreme Revenues
Earnings per share were 8 cents, up from a net loss of 5 cents in the same quarter last year. This also came in above analyst estimates of 4 cents.
Extreme’s CEO Gordon Stitt, speaking on a conference call, explained that clamor for 10-Gigabit Ethernet helped drive sales, particularly for the company’s Black Diamond and Summit products. “We saw 10-Gigabit Ethernet demand grow 50 percent over the last quarter,” he said.
According to Stitt, this proves that Extreme’s network message is getting through. ”It is driven by our two-tier architecture and using 10-Gigabit Ethernet links to tie the core to the access layer."
Read the rest of the story at NDCF.
— James Rogers, Site Editor, Next-Gen Data Center Forum