Improving Balance Sheet Makes Netgear Appealing, But More Work Remains
Netgear's Q4 earnings beat expectations, with non-GAAP EPS up by 18¢ and revenue $14.95 million higher, despite recent growth challenges and restructuring efforts. The company's balance sheet is strong, with $14.27 per share in cash and investments, and a current ratio of 2.81, indicating financial stability. Focus on high-margin segments like ProAV and Netgear for Business (NFB) is expected to drive future revenue growth, despite current supply chain issues.
NETGEAR's Q4 Loss Narrower Than Expected, Revenues Down Y/Y
NTGR's fourth-quarter performance is cushioned by inventory reduction efforts. Increasing supply lead times for ProAV products to affect sales in the first quarter.
NETGEAR, Inc. (NTGR) Q4 2024 Earnings Call Transcript
NETGEAR, Inc. (NASDAQ:NTGR ) Q4 2024 Earnings Conference Call February 5, 2025 5:00 PM ET Company Participants Erik Bylin - Investor Relations C.J. Prober - Chief Executive Officer Bryan Murray - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by.
NETGEAR, Inc. (NTGR) Reports Q4 Loss, Tops Revenue Estimates
NETGEAR, Inc. (NTGR) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to earnings of $0.09 per share a year ago.
NTGR Launches Advanced NETGEAR Armor Solution to Boost Cybersecurity
NETGEAR introduces Armor Plus, a premium tier that includes new features in addition to all the Armor benefits.
NTGR Adds New Orbi 870 Series Mesh System to its WiFi 7 Portfolio
NETGEAR launches the Orbi 870 Series Mesh System, bringing advanced WiFi 7 technology with unmatched speed, coverage and reliability.
NETGEAR Stock Soars 95% in the Past Year: Will This Uptrend Last?
NTGR is benefiting from strong demand trends for its premium product portfolio within the CHP business and momentum in the NFB unit.
NETGEAR (NTGR) Up 9.7% Since Last Earnings Report: Can It Continue?
NETGEAR (NTGR) reported earnings 30 days ago. What's next for the stock?
NETGEAR Stock Rallies 18% in a Month: What Should Investors Do?
NTGR is gaining from strength in the NFB segment and demand for premium products portfolio within the CHP business. However, external risks warrant caution.
Netgear: A Cash-Rich Business Positioned For Future Growth
Netgear's strong balance sheet, with more than 50% of its market cap in cash and zero debt, makes it a defensive investment. Despite near-term profitability challenges, strategic inventory reduction and reinvestment in high-margin segments aim to position Netgear for long-term growth. Management's focus on returning to profitability is crucial, but the lack of a clear timeline adds risk to the investment thesis.
Netgear: Shares Seem To Be Disconnected From The Company's Performance
Netgear, Inc.'s share price nearly doubled despite continued operational decline; I maintain a hold rating due to a lack of substantial performance turnaround. Q3 results show mixed performance: NFB segment grew 13% y/y, but Connected Home declined 18% y/y, leading to overall lackluster top line performance. The $100m litigation settlement improved liquidity, but operational performance remains disappointing, with declining margins and elevated inventory levels.
NETGEAR (NTGR) Reliance on International Sales: What Investors Need to Know
Examine the evolution of NETGEAR's (NTGR) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.
