NETGEAR® Provides Preliminary Fourth Quarter Financial Results [Yahoo! Finance]
NETGEAR, Inc. (NTGR)
Last netgear, inc. earnings: 4/22 04:05 pm
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US:NASDAQ Investor Relations:
investor.netgear.com
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Source: Yahoo! Finance
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 strong underlying demand in the premium portion of its CHP product portfolio, riding on the success of its Orbi WiFi 7 launch which continued through the holiday season. The Company is also encouraged that its retail channel partners maintained their inventory positions as expected. The Company continued to work with its SMB channel partners to optimize their inventory carrying levels. The uncertain macro environment created by high interest rates, geopolitical tensions, and stagnant GDP growth in certain markets continued to weigh on the Company's SMB business as expected. GAAP operating margin for the fourth quarter of 2023 is expected to be between (3.0)% and (1.5
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NTGR
News
- NETGEAR Expands Growing List of AV Technology Partners [Yahoo! Finance]Yahoo! Finance
- NETGEAR Expands Growing List of AV Technology PartnersBusiness Wire
- NETGEAR Schedules First Quarter 2024 Results Conference CallBusiness Wire
- NETGEAR, Inc. (NASDAQ: NTGR) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $30.00 price target on the stock.MarketBeat
- With 86% institutional ownership, NETGEAR, Inc. (NASDAQ:NTGR) is a favorite amongst the big guns [Yahoo! Finance]Yahoo! Finance
NTGR
Earnings
- 2/7/24 - Beat
NTGR
Sec Filings
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- 4/18/24 - Form ARS
- NTGR's page on the SEC website