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Stock impact report

NETGEAR® Reports Second 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
Second quarter 2018 net revenue of $366.8 million, as compared to $330.7 million in the comparable prior year quarter, an increase of 10.9%.Second quarter 2018 GAAP net loss of $5.2 million, as compared to net income of $14.6 million in the comparable prior year quarter. Second quarter 2018 non-GAAP net income of $18.6 million, as compared to $19.9 million in the comparable prior year quarter. Second quarter 2018 GAAP net loss per diluted share of $0.17, as compared to net income per diluted share of $0.44 in the comparable prior year quarter. Second quarter 2018 non-GAAP net income per diluted share of $0.57, as compared to $0.60 in the comparable prior year quarter. Business outlook1: Company expects third quarter 2018 net revenue to be in the range of $380 million to $395 million, with GAAP operating margin in the range of (2.2)% to (1.2)% and non-GAAP operating margin in the range of 4.0% to 5.0%. Additionally, the Company expects the GAAP tax rate to be approximately 108.0% and n Show less Read more
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