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Stock impact report

Netgear Musters Solid Growth Following Its Arlo Separation [The Motley Fool]

NETGEAR, Inc. (NTGR) 
Last netgear, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.netgear.com
Company Research Source: The Motley Fool
Netgear Musters Solid Growth Following Its Arlo Separation The networking specialist had a strong holiday season. Netgear ( NASDAQ:NTGR ) announced fourth-quarter 2018 results on Wednesday after the market closed. The networking products leader highlighted better-than-expected growth following the completion of its spinoff of Arlo Technologies ( NYSE:ARLO ) , and its subsequent distribution to shareholders of its stake in that wireless security camera company. Let's look at how Netgear fared in the holiday period. Data source: Netgear. GAAP = Generally accepted accounting principles Netgear CEO Patrick Lo said: For the first quarter of 2019, Netgear expects net revenue ranging from $235 million to $250 million, and adjusted operating margin of 8% to 9%. While we don't usually pay close attention to Wall Street's expectations, most analysts were modeling first-quarter revenue closer to $265 million. Still, this is a seasonally slower period for Netgear, and the company has shown a p Show less Read more
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