NETGEAR

NETGEAR, Inc. engages in the provision of Internet connected products to consumers, businesses, and service providers. It operates through the following segments: Connected Home, and Small & Medium Business. The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use WiFi Internet networking solutions such as WiFi mesh systems, routers, 4G/5G mobile products, smart devices such as Meural digital canvasses, and services offering consumers a range of parental controls and cyber security for their home networks. The Small & Medium Business segment focuses on small and medium-sized businesses and consists of business networking, wireless LAN, storage, and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price. The company was founded by Patrick C. S. Lo and Mark G. Merrill on January 8, 1996 and is headquartered in San Jose, CA.

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NETGEAR reports Q4 revenue decline but sees growth in premium products

NETGEAR's Q4 performance was driven by demand for specific products despite challenges in the supply chain and high costs.
The company's focus on premium products and services, like Orbi WiFi mesh and cybersecurity offerings, proved successful.
While facing challenges, NETGEAR aims to navigate uncertainties and capitalize on growth opportunities in premium segments.

NETGEAR reports Q1 revenue decline, eyes SMB and EMEA growth

NETGEAR faced revenue challenges in Q1 but saw growth in EMEA and SMB sales
Despite a non-GAAP operating loss, the company remains confident in future demand
Strategic focus on premium CHP products and SMB business for growth
Maintaining a strong cash position provides stability for future investments

NETGEAR reports Q2 revenue decline, focuses on premium products

NETGEAR faced revenue decline and negative operating margins in Q2 2023, driven by inventory reductions and seasonality. Despite challenges, the company saw strength in premium products and a growing subscriber base for its services. Opportunities lie in market stabilization, strong product demand, and service subscription growth.

NETGEAR reports Q3 revenue growth, eyes margin improvement targets

NETGEAR's Q3 performance showed revenue growth and margin improvement.
The company faces challenges in revenue expectations and inventory levels.
Opportunities lie in service revenue growth and the WiFi 7 upgrade cycle.

NETGEAR reports Q4 revenue decline but sees growth opportunities ahead

NETGEAR's Q4 2023 showed mixed results with revenue decline but strong performance in premium products. The company aims to address challenges in the SMB segment while focusing on growth opportunities and improving financial metrics.

NETGEAR reports Q1 revenue decline, focuses on long-term strategies

NETGEAR navigating challenges of accelerated destocking impacting revenue, focusing on long-term success and new product strategies.
Maintaining a strong cash position, pursuing growth in managed switch business, and targeting inventory reduction for improved cash generation.
Facing headwinds in revenue due to ongoing market challenges, but seeking opportunities in broader market segments and recurring revenue growth.
Q2 outlook includes accelerated destocking impact, with a focus on reducing inventory levels and maintaining share repurchases.

NETGEAR reports Q2 success amidst challenges, eyes growth opportunities

NETGEAR's Q2 2024 earnings call highlighted successful actions, revenue exceeding guidance, and record sales, despite operational challenges and revenue decline.
The company faces challenges in managing costs, organizational transitions, and market fluctuations but is poised to leverage opportunities in legal wins, strategic investments, and subscription growth.
With a proactive approach to restructuring and revenue diversification, NETGEAR aims to navigate challenges, capitalize on opportunities, and drive long-term financial performance.
Investors should monitor NETGEAR's progress in executing organizational changes, managing costs, and leveraging growth opportunities to assess its financial resilience and market positioning.

NETGEAR beats Q3 targets, eyes growth amid regulatory challenges

NETGEAR's Q3 performance surpassed expectations, driven by strategic initiatives and revenue growth across segments. While facing challenges in regulatory impacts and financial uncertainties, the company remains focused on capitalizing on opportunities for growth and value creation.

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NETGEAR, Inc. provides Internet connected products to consumers, businesses, and service providers. It operates through the Connected Home and NETGEAR for Business segments. The Connected Home segment focuses on consumers and giving premium WiFi networking solutions. The NETGEAR for Business segment is involved in businesses and offers solutions for business networking, wireless local area network (“LAN”), audio and video over Ethernet for Pro AV applications. The company was founded by Patrick C. S. Lo and Mark G. Merrill on January 8, 1996, and is headquartered in San Jose, CA.

NETGEAR, Inc. (NTGR) Q4 2023 Earnings Call Transcript

NETGEAR, Inc. (NTGR) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.03 per share a year ago.

NETGEAR, Inc. (NTGR) Beats Q4 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the fourth quarter and full year ended December 31, 2023. Fourth quarter 2023 net revenue of $188.7 million, a decrease of 24.3% from the comparable prior-year quarter. Fourth quarter 2023 GAAP operating loss of $2.9 million, or (1.5)% of net revenue, as compared to opera.

NETGEAR® Reports Fourth Quarter and Full Year 2023 Results

NETGEAR's (NTGR) preliminary results for the fourth quarter of 2023 are driven by continued solid underlying demand in the premium portion of its Connected Home or CHP product portfolio.

NETGEAR (NTGR) Reports Q4 Preliminary Results, Stock Up 2%

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and internet connected products to consumers and businesses, today announced that Patrick C.S. Lo, current Chief Executive Officer and Chairman of the board, is retiring from his position at NETGEAR and from the company's Board. Lo will remain as a strategic advisor to support a seamless leadership transition through July 2024. The Board has appointed Charles (CJ) Pr.

NETGEAR Appoints Technology Leader Charles (CJ) Prober as New CEO

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), today reported certain preliminary financial results for its fourth fiscal quarter ended December 31, 2023. NETGEAR will announce full results for the fourth quarter on February 7, 2024. NETGEAR currently expects net revenue for the fourth quarter of 2023 to be between $179 million and $189 million, compared to prior guidance of $175 million to $190 million for the fourth quarter of 2023. The Company continued to experience stron.

NETGEAR® Provides Preliminary Fourth Quarter Financial Results

Computer networking company Netgear has sued Huawei [RIC:RIC:HWT.UL] in California federal court, claiming the Chinese tech giant broke U.S. antitrust law by refusing to license its patents on reasonable terms.

Netgear sues Huawei in US antitrust case over patent licensing

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today announced that it will hold a conference call with investors and analysts on Wednesday, February 7 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company's fourth quarter and full year 2023 results and first quarter 2024 business outlook. The news release announcing the fourth quarter and full year 202.

NETGEAR Schedules Fourth Quarter and Full Year 2023 Results Conference Call

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NETGEAR (NTGR) unveils the S3600 Series Smart Switches to meet the rising bandwidth demand for applications and devices.

NETGEAR (NTGR) Launches Smart Switches to Improve Connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses both large and small, today launched the cloud-managed NETGEAR S3600 Series Smart Switches, joining the company's cutting-edge portfolio of switches designed to meet the growing demands for faster networking that today's businesses require. The S3600 Series includes the 8-Port 10G/Multi-Gigabit (XS508TM) and 16-Port 10G/Multi-Gigabit (XS516TM) that provide flexible.

NETGEAR Introduces Top-of-the-line Cloud Manageable Smart Switch Series Designed for 10 Gig Connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, will host a virtual financial analyst day on Thursday, December 7, 2023. The Company's executive team will present their vision for NETGEAR at the event. Date: Thursday, December 7, 2023 Time: 11:00 a.m. – 1:00 p.m. ET The presentation will be webcast on NETGEAR's IR website at http://investor.netgear.com/.

NETGEAR to Host 2023 Virtual Financial Analyst Day

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), the leading provider of award-winning connected products designed to simplify and improve people's lives, today announced Patrick Lo, Chairman and CEO, and Bryan Murray, CFO, are scheduled to present at the following upcoming investor conference in December 2023. Raymond James 2023 TMT and Consumer Conference Date: Tuesday, December 5, 2023 Time: 10:20 am ET Place: The Lotte New York Palace, New York The presentation will be webca.

NETGEAR® to Present at Upcoming Investor Conference

NETGEAR, Inc. (NTGR) reported earnings 30 days ago. What's next for the stock?

NETGEAR, Inc. (NTGR) Up 3.1% Since Last Earnings Report: Can It Continue?

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power businesses both large and small, today launched the NETGEAR MS108TUP 8-Port Multi-Gigabit (2.5G) Ethernet Ultra60 PoE++Smart Switch, purpose-built for growing businesses that need all-in-one, reliable, seamless connectivity. The growing number of connected devices, use of data-and-power-hungry applications and increasing prevalence of “bring your own device” make it increasin.

NETGEAR Expands its Smart Switch Lineup to Boost SMB Connectivity with Launch of MS108TUP

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR introduces Meural Opus a next-generation NFT viewing experience for digital art collectors.

NETGEAR Unveils Meural Opus in Support of Digital Art Collectors and Creators

NETGEAR's (NTGR) third-quarter performance is affected by inventory reduction by SMB business partners amid a volatile macroeconomic environment.

NETGEAR (NTGR) Q3 Earnings Beat Estimates, Revenues Fall Y/Y

NETGEAR, Inc. (NASDAQ:NTGR ) Q3 2023 Earnings Conference Call October 25, 2023 5:00 PM ET Company Participants Erik Bylin - Investor Relations Bryan Murray - Chief Financial Officer Patrick Lo - Chairman & Chief Executive Officer Conference Call Participants Hamed Khorsand - BWS Financial Jake Norrison - Raymond James Operator Hello and welcome to NETGEAR's Third Quarter 2023 Results Conference Call. Ladies and gentlemen, thank you for standing by.

NETGEAR, Inc. (NTGR) Q3 2023 Earnings Call Transcript

NETGEAR, Inc. (NTGR) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to earnings of $0.21 per share a year ago.

NETGEAR, Inc. (NTGR) Beats Q3 Earnings and Revenue Estimates

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the third quarter ended October 1, 2023. Third quarter 2023 net revenue of $197.8 million, a decrease of 20.7% from the comparable prior-year quarter. Third quarter 2023 GAAP operating loss of $0.6 million, or (0.3)% of net revenue, as compared to operating loss of $2.2 m.

NETGEAR® Reports Third Quarter 2023 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today announced that it will hold a conference call with investors and analysts on Wednesday, October 25 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company's third quarter 2023 results and fourth quarter 2023 business outlook. The news release announcing the third quarter 2023 results will be disseminate.

NETGEAR Schedules Third Quarter 2023 Results Conference Call

NETGEAR (NTGR) unveils the Orbi 970 series to cater to the rising Wi-Fi and bandwidth demands.

NETGEAR (NTGR) Launches Orbi 970 Series to Enhance WiFi 7

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR Introduces WiFi 7 in its flagship Orbi line with Orbi 970 Series quad-band mesh system.

NETGEAR Brings WiFi 7 to Its Flagship Orbi Family, Unleashing Elite Connectivity

NETGEAR (NTGR) introduces the Nighthawk WiFi 6E System to address the growing Wi-Fi requirements.

News for NETGEAR Stock (NTGR)