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Stock impact report

NETGEAR® Reports Third Quarter 2018 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: GlobeNewswire
Third quarter 2018 net revenue of $400.6 million, as compared to $355.5 million in the comparable prior year quarter, an increase of 12.7%.Third quarter 2018 GAAP net income of $9.9 million, as compared to $20.8 million in the comparable prior year quarter.- Third quarter 2018 non-GAAP net income of $24.9 million, as compared to $26.2 million in the comparable prior year quarter.Third quarter 2018 GAAP net income per diluted share of $0.30, as compared to net income per diluted share of $0.64 in the comparable prior year quarter.- Third quarter 2018 non-GAAP net income per diluted share of $0.76, as compared to $0.81 in the comparable prior year quarter.Arlo Technologies, Inc. completed its IPO during the third quarter 2018, raising IPO proceeds of $170.2 million, net of offering costs.Business outlook1: The Company expects fourth quarter 2018 net revenue to be in the range of $430 million to $445 million, with GAAP operating margin in the range of (2.5)% to (1.5)% and non-GAAP operat Show less Read more
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