NETGEAR(NTGR) - 2024 Q2 - Quarterly Results

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 ...