NETGEAR Q3 Earnings and Revenues Surpass Estimates, Down Y/Y
NTGR's third-quarter performance is driven by strength in the NFB segment and demand for premium products portfolio within the CHP business.
NETGEAR, Inc. (NTGR) Q3 2024 Earnings Call Transcript
NETGEAR, Inc. (NASDAQ:NTGR ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Erik Bylin - IR C.J. Prober - CEO Bryan Murray - CFO Conference Call Participants Adam Tindle - Raymond James Operator Ladies and gentlemen, thank you for standing by.
NETGEAR, Inc. (NTGR) Q3 Earnings and Revenues Top Estimates
NETGEAR, Inc. (NTGR) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.23 per share a year ago.
Will NETGEAR's Strengthening WiFi 7 Portfolio Drive Top-Line Growth?
NTGR's strategic expansion of its WiFi 7 portfolio is driving top-line expansion but rising costs and fierce competition in the market weigh on it.
NETGEAR Jumps 38% Year to Date: Is it Time to Bet on the Stock?
Opportunities presented by the Wi-Fi 7 upgrade cycle are positives for NTGR, but weak macroeconomic conditions and increasing costs remain concerning.
NETGEAR Expands Nighthawk Portfolio With Three New WiFi 7 Routers
NETGEAR, Inc. NTGR has expanded its Nighthawk WiFi 7 standalone router portfolio with the addition of the RS600, RS500 and RS200 routers. These routers are available now on NETGEAR.com, with the RS600 priced at $499, RS500 at $399 and RS200 at $229 MSRP.
Don't Miss Out: NETGEAR's Turnaround Signals Big Potential
NETGEAR Inc. NASDAQ: NTGR manufactures a wide range of networking products for consumers and businesses worldwide. Its devices, including routers, switches, and modems, help to enhance internet connectivity.
NETGEAR Stock Surges 31% on Revised Outlook & Litigation Settlement
NTGR raises its third-quarter 2024 revenue & margin guidance owing to the litigation settlement and early launch of its next-generation 5G mobile hotspot.
Netgear: Wired For Cash After $135M Settlement
After fees and taxes, NETGEAR gets a $90 million cash boost. I see NETGEAR's balance sheet is strong, with approximately 64% of its market cap made up of cash and no debt. I'm concerned about NETGEAR's ongoing challenges, especially with Q3 2024 projected to mark the 12th consecutive quarter of negative revenue growth.
What To Do After Netgear Jumped By Over 30%
Netgear, Inc. reported weak Q2 revenue but raised Q3 sales guidance yesterday, boosting investor confidence and stock price by 32%. Watch Netgear's cash and free cash flow improvements. New 5G product launches and business investments show promise.
NETGEAR Strengthens Connectivity With Nighthawk M7 Pro Mobile Hotspot
NTGR expands its lineup of WiFi 7 devices with the launch of the Nighthawk M7 Pro Mobile Hotspot, promising secure, high-speed connectivity.
Will Focus on Strategic Collaborations Drive NETGEAR Stock Upward?
NETGEAR, Inc. NTGR has collaborated with Samsung Electronics' System LSI Business to ensure smooth interoperability and roaming between NETGEAR's Business WiFi 7 access points and Samsung's WiFi 7 client chipset offering. Both companies were the early adopters of WiFi 7, with NTGR focusing on access points and Samsung on client solutions.
