Earlier this week, Extreme Networks (EXTR), reported earnings that missed analysts expectations. The miss was primarily caused by higher discounts and commissions for the company’s fiscal year end, rather than any indication of slackening customer demand.

Extreme Networks (EXTR), one of our dissappointing picks this year, has finally completed its options investigation and filed up-to-date financials with the SEC. We believe that this represents a turning point for the company, as it eliminates a major uncertainty that we think has held back the shares, even as Avaya, a big partner of EXTR was scooped up by private equity at a significant premium, and Foundry (FDRY), EXTR’s main comp, has slowly regained favor with investors after it too finally filed updated financials with the SEC.

Last week, Extreme Network’s (EXTR) announced disappointing financial results, which prompted significant selling in the stock. Despite generating nearly $10 million in cash during the quarter, the company’s top-line remained under pressure.