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0 0.0377833753148614 0.0377833753148614 0.0377833753148614 -0.0465994962216625 -0.0617128463476071 -0.0560453400503779 -0.0711586901763225
Stock impact report

NETGEAR® Reports First Quarter 2023 Results

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: Business Wire
Q1 GAAP gross margin of 33.4%; Non-GAAP gross margin of 33.6%772,000 paid subscribers for 23.1% growth year over year 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 million, or (27.8)% of net revenue, in the comparable prior-year quarter.First quarter 2023 non-GAAP operating loss of $7.1 million, or (3.9)% of net revenue, as compared to operating loss of $9.3 million, or (4.4)% of net revenue, in the comparable prior-year quarter.First quarter 2023 GAAP net loss per diluted share of $0.33, as compared to net loss per diluted share of $1.95 i Show less Read more
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