I H II I E T Sundry Photography On July 31, 2024, NETGEAR, Inc. (NASDAQ:NTGR) reported second-quarter revenue that fell by 12%. It reported a loss, worse than the year before. After the markets closed yesterday, the networking equipment firm raised its sales guidance for the third quarter. How is it that the previous quarter's results are in steep contrast to the current quarter for this under-performing firm? Netgear Second-Quarter Results Last quarter, Netgear reported revenue of $143.9 million (-12.6% Y/ ...

NETGEAR, Inc. (NTGR) recently enhanced its portfolio of WiFi 7 devices with the addition of the Nighthawk M7 Pro Mobile Hotspot (MR7400). Powered by the Qualcomm Snapdragon SDX75 chipset and operating on AT&T's 5G network, the M7 Pro offers an exceptional Internet experience, combining advanced WiFi 7 technology with 5G speeds. It is specifically designed to deliver high-speed, portable and secure connectivity, making it ideal for both consumers and businesses. The new M7 Pro delivers superfast Internet wit ...

NETGEAR, Inc. (NTGR) has collaborated with Samsung Electronics' System LSI Business to ensure smooth interoperability and roaming between NETGEAR's Business WiFi 7 access points and Samsung's WiFi 7 client chipset offering. Both companies were the early adopters of WiFi 7, with NTGR focusing on access points and Samsung on client solutions. NETGEAR noted that smooth connectivity in areas with many mobile devices is challenging due to WiFi roaming issues. While stationary devices stay connected to one access ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. | --- | --- | |-------------------------------------------------------------------------------|---------------------------------------| | | | | For the transition period from | | | ...

NETGEAR, Inc (NTGR) reported a second-quarter 2024 non-GAAP loss of 74 cents per share compared with the non-GAAP loss of 16 cents in the year-ago quarter. The reported figure was narrower than the Zacks Consensus Estimate of a loss of 82 cents per share. NETGEAR generated net revenues of $143.9 million, down 17% year over year. The downtick resulted from weakness across the CHP and NFB businesses. Also, it experienced significant impacts from channel inventory destocking and costs associated with reducing ...

NETGEAR Inc (NASDAQ:NTGR) Q2 2024 Results Conference Call July 31, 2024 5:00 PM ET Company Participants Erik Bylin - IR C.J. Prober - CEO Bryan Murray - CFO Conference Call Participants Adam Tindle - Raymond James Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]. I would now like to turn the conference over to Erik Bylin. Please go ahead. Erik Bylin Thank you, oper ...

NETGEAR, Inc. (NTGR) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 9.76%. A quarter ago, it was expected that this company would post a loss of $0.27 per share when it actually produced a loss of $0.28, delivering a surprise of -3.70%. Over the last four quarters, the company has surpassed ...

Exhibit 99.1 NEWS RELEASE NETGEAR® REPORTS SECOND QUARTER 2024 RESULTS Q2 net revenue of $143.9 million, above the high end of guidance Completed destocking of channel, with approximately $30 million reduction Fourth consecutive quarter of FCF generation New Board member appointed and President of B2B business unit hired SAN JOSE, California – July 31, 2024 - NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative products to global consumers and businesses, today reported financi ...

Orbi 770 is available for pre-order whereas Nighthawk RS300 is available now on NETGEAR.com Both the solutions will be available gradually at other major retailers. Users will get access to NETGEAR Smart Parental Controls on both solutions. This will help them to keep a tab on the online activities of their children through their connected devices. A subscription fee will be charged after a 30-day trial period for a premium plan, though the basic features remain free of cost. Nonetheless, robust demand for ...

Have you evaluated the performance of NETGEAR, Inc.'s (NTGR) international operations during the quarter that concluded in March 2024? Considering the extensive worldwide presence of this company, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth.In today's increasingly interconnected global economy, a company's ability to tap into international markets can be a pivotal factor in shaping its overall financial health and growth tra ...