NETGEAR(NTGR) - 2024 Q4 - Annual Results

Exhibit 99.1 NEWS RELEASE NETGEAR® REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS Q4 net revenue of $182.4 million, and operating margin above the high end of guidance Q4 annual recurring revenue of almost $35 million, growing 25% year over year Q4 free cash flow of $19.0 million - sixth consecutive quarter of cash generation Q1 2025 restructuring implemented from position of strength to fund 2025 investment opportunities Added $125 million in cash and repurchased more than $33 million of stock in 2024 S ...