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What To Do After Netgear Jumped By Over 30%
NTGRNETGEAR(NTGR) Seeking Alpha·2024-09-12 15:59

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/ ...