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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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.

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.

NETGEAR (NTGR) Launches MK93S to Enhance Mesh WiFi coverage

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR introduces a new powerful yet compact WiFi 6E mesh system to its Nighthawk line.

NETGEAR Brings Powerful Yet Compact WiFi 6E Mesh System to Its Nighthawk Line

NETGEAR, Inc. (NTGR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

NETGEAR, Inc. (NTGR) Stock Jumps 5.5%: Will It Continue to Soar?

NETGEAR (NTGR) unveils PR60X to cater to the networking needs of small and mid-sized businesses.

NETGEAR (NTGR) Launches PR60X to Enhance Small Business Network

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR enhances its total network solution for small businesses with the new PR60X Pro Router.

NETGEAR Enhances Its Total Networking Solution for Small Business With PR60X Pro Router Managed by Insight 7.0

NETGEAR's (NTGR) year over year top line performance in the second quarter of 2023 is affected by weakness in the connected home business and SMB business segments.

NETGEAR (NTGR) Posts Loss in Q2, Revenues Beat Estimates

NETGEAR, Inc. (NASDAQ:NTGR ) Q2 2023 Earnings Conference Call July 26, 2023 5:00 PM ET Company Participants Erik Bylin – Investor Relations Bryan Murray – Chief Financial Officer Patrick Lo – Chairman and Chief Executive Officer Conference Call Participants Hamed Khorsand – BWS Financial Operator Ladies and gentlemen, thank you for standing by. At this time all participants are in a listen-only mode.

NETGEAR, Inc. (NTGR) Q2 2023 Earnings Call Transcript

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 second quarter ended July 2, 2023. Second quarter 2023 net revenue of $173.4 million, a decrease of 22.3% from the comparable prior-year quarter. Second quarter 2023 GAAP operating loss of $17.8 million, or (10.3)% of net revenue, as compared to operating loss of $10.

NETGEAR® Reports Second 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, July 26 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company's second quarter 2023 results and third quarter 2023 business outlook. The news release announcing the second quarter 2023 results will be disseminated.

NETGEAR Schedules Second Quarter 2023 Results Conference Call

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Why NETGEAR, Inc. (NTGR) is a Top Momentum Stock for the Long-Term

Netgear has had negative financial results for the last 5 years. New advances in 5G and AI should spur its markets going forward. With a fortress balance sheet, it should consider initiating a dividend.

Netgear: With $8 A Share In Cash, It's In The Bargain Bin

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

Why Is NETGEAR, Inc. (NTGR) Down 5.7% Since Last Earnings Report?

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The Zacks Computer - Networking industry players like EXTR, NTCT and NTGR are poised to benefit from the accelerated 5G deployment and the increasing demand for network security solutions.

3 Networking Stocks to Watch for From a Thriving Industry

The heavy selling pressure might have exhausted for NETGEAR, Inc. (NTGR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Here's Why NETGEAR, Inc. (NTGR) is Poised for a Turnaround After Losing -23.71% in 4 Weeks

SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR introduces Nighthawk M6 Pro, the first WiFi 6E unlocked mobile hotspot router with mmWave.

NETGEAR Introduces World's First WiFi 6E Unlocked 5G Mobile Hotspot With mmWave Technology

NETGEAR, Inc. (NTGR) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

After Plunging -24.69% in 4 Weeks, Here's Why the Trend Might Reverse for NETGEAR, Inc. (NTGR)

NETGEAR's (NTGR) performance in the first quarter of 2023 declines due to weakness in the connected home business and SMB business segments.

NETGEAR (NTGR) Shares Fall Due to Wider-Than-Expected Q1 Loss

NETGEAR, Inc. (NTGR) Q1 2023 Earnings Call Transcript.

NETGEAR, Inc. (NTGR) Q1 2023 Earnings Call Transcript

NETGEAR, Inc. (NTGR) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to loss of $0.28 per share a year ago.

NETGEAR, Inc. (NTGR) Reports Q1 Loss, Lags Revenue Estimates

Shares of Netgear Inc. NTGR tanked more than 12% in the extended session Wednesday after network-hardware maker reported a wider-than-expected quarterly loss and revenue that missed the mark, saying it faced an “unprecedented” inventory reduction by its largest service provider partner and similar reductions by its largest e-commerce partner. Netgear lost $9.7 million, or 33 cents a share, in the first quarter, compared with a loss of $57 million, or $1.95 a share, in the year-ago period.

Netgear stock drops 12% as company posts wider loss, orders dry up

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 first quarter ended April 2, 2023. First quarter 2023 net revenue of $180.9 million, a decrease of 14.1% from the comparable prior-year quarter. First quarter 2023 GAAP operating loss of $12.0 million, or (6.6)% of net revenue, as compared to operating loss of $58.5 m.

NETGEAR® Reports First Quarter 2023 Results

NETGEAR, Inc. (NTGR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

NETGEAR, Inc. (NTGR) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

The mean of analysts' price targets for NETGEAR, Inc. (NTGR) points to a 38% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Think NETGEAR, Inc. (NTGR) Could Surge 37.96%: Read This Before Placing a Bet

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, April 26 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company's first quarter 2023 results and second quarter 2023 business outlook.

News for NETGEAR Stock (NTGR)