NETGEAR(NTGR) - 2024 Q1 - Quarterly Results

Exhibit 99.1 NEWS RELEASE NETGEAR® REPORTS FIRST QUARTER 2024 RESULTS Q1 net revenue of $164.6 million, above midpoint of guidance Q1 service revenue growth of 21.2% year over year Cashflow from operations of $17.2 million; growth of 88.4% year over year Repurchased approximately 783,000 shares of common stock Transformation Effort Underway SAN JOSE, California – May 1, 2024 - NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to con ...