Extreme Networks Q4 2018: Data Center Difficulties

About: Extreme Networks, Inc. (EXTR)
by: Hervé Blandin
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Hervé Blandin
Long only, value, long-term horizon

Extreme Networks Q4 2018 results are disappointing.

The company announced extra temporary issues with the data center segment, but I am more pessimistic.

The management lowered the Q1 2019 guidance but announced improvements for the rest of 2019. The market does not trust the management.

Extreme Networks (EXTR) announced Q4 2018 results below the guidance for the fourth quarter in a row. Moreover, the company is reducing the guidance for Q1 2019.

The management explained the difficulties were