Extreme Networks sees global adoption of Wi-Fi 7 solutions

MORRISVILLE, N.C. - Extreme Networks, Inc. (NASDAQ:EXTR), a networking solutions provider with annual revenue of $1.14 billion and an impressive gross margin of 62.2%, announced that organizations across various sectors are implementing its Wi-Fi 7 solutions to enhance network performance and support growing connectivity demands. According to InvestingPro analysis, the company’s strong market position is reflected in its remarkable 61.25% stock price increase over the past six months.

Among the adopters are Baylor University, Henry Ford Health, University Hospital Birmingham NHS Foundation Trust, Six Flags, and several NFL teams including the Pittsburgh Steelers. These organizations are utilizing Extreme’s Wi-Fi 7 technology to deliver faster connectivity and improve operational efficiency. This growing customer base has caught analysts’ attention, with InvestingPro data showing four analysts recently revising their earnings expectations upward for the upcoming period.

Extreme’s Wi-Fi 7 portfolio includes the AP4020 and AP4060 for indoor/outdoor deployments and the AP5020 designed for high-density environments. The company’s access points feature dual IoT radios, power-over-ethernet failover, and always-on encryption.

"With Extreme Wi-Fi 7, Six Flags can connect more guests and devices across every corner of the park with faster, more consistent coverage," said Ty Tastepe, Chief Digital and Technology Officer at Six Flags Entertainment Corporation, according to the press release.

Chad Reese, Senior Director of Information Technology at Pro Football Hall of Fame, noted that the upgrade to Wi-Fi 7 provides "seamless connectivity" for guests while giving staff "the network speed and reliability to optimize operations."

In healthcare, organizations like University Hospital Birmingham NHS Trust and Henry Ford Health are deploying the technology to support bedside patient access and keep critical medical devices online with real-time data transmission.

Baylor University has selected Extreme’s Wi-Fi 7 access points to support advanced classroom technologies and events at its Paul and Alejandra Foster Pavilion.

Extreme Networks has previously introduced the first enterprise-grade outdoor Wi-Fi 6E access points and the first standard power grant for outdoor 6 GHz with Automated Frequency Coordination.

The company will host a webinar on November 5 titled "Wi-Fi Without Limits: Unlocking the Power of 6 GHz Wi-Fi" to provide more information about its wireless solutions. For investors seeking deeper insights, InvestingPro offers a comprehensive research report on Extreme Networks, part of its coverage of over 1,400 US stocks, providing detailed analysis of the company’s financial health, valuation metrics, and growth prospects.

In other recent news, Extreme Networks reported its fourth-quarter earnings for 2025, surpassing Wall Street expectations. The company achieved an earnings per share of $0.25, exceeding the forecasted $0.23, and reported revenue of $307 million, which was higher than the anticipated $299.88 million. Additionally, Extreme Networks announced the appointment of its Chief Technology Officer, Nabil Bukhari, to the expanded role of President of AI Platforms. The company also launched its AI Service Agent for all Extreme Platform ONE customers, aiming to enhance network management and automate routine workflows. Furthermore, Extreme Networks extended its partnership with the National Football League through 2028, continuing its role as the Official Wi-Fi Network Solutions Provider and Official Wi-Fi Analytics Provider. This extended partnership will include new 6 GHz Wi-Fi deployments for the Pittsburgh Steelers and at MetLife Stadium. These developments highlight the company’s strategic initiatives and ongoing collaborations.

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