|Bid||24.70 x 800|
|Ask||26.45 x 800|
|Day's Range||25.35 - 26.20|
|52 Week Range||15.01 - 36.87|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||91.18|
|Earnings Date||Jul 22, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||28.50|
NETGEAR®, Inc. (NTGR), the leading provider of networking products that power businesses both large and small, today announced the inclusion of a free one-year Insight subscription with the registration of select list of Insight Managed switch, Insight wireless Access Point and router. NETGEAR Insight is an industry-first remote network and device management solution, providing easy plug-and-play set-up and management, using its cloud portal or the intuitive Insight mobile app. The Insight cloud-based application, designed for remote network management, is especially well suited for the current environment that both IT teams and managed service providers are now required to address.
Shares of Netgear Inc. fell nearly 6% in the extended session Wednesday after the maker of networking products swung to a wider-than-expected GAAP loss for the first quarter. Netgear said it lost $4 million, or 14 cents a share, versus a profit of $13 million, or 39 cents a share, in the year-ago quarter. Adjusted for one-time items, Netgear said it earned 21 cents a share, compared with 60 cents a share a year ago. Sales fell to $230 million from $249 million a year ago. Analysts polled by FactSet had expected a GAAP loss of 13 cents a share and adjusted earnings of 18 cents a share on sales of $216 million. The quarter was "challenging" due to COVID-19 and the company endured "supply and demand disruptions around the world on a rolling basis," Netgear said in a statement. As economic activity fell with the shutdowns, sales of equipment geared for businesses fell as well, offset by sales of consumer-focused products, especially those related to WiFi and mobile hotspots, the company said. Netgear said it was withdrawing guidance and is unable to offer estimates for the second quarter. "However, we are committed to operating profitably, generating cash, and gaining share. We are committed to our R&D resources to ensure our market leading new product introductions for the rest of the year and beyond," it said. Shares had ended the regular trading day up more than 10%.
Shares of Netgear (NASDAQ:NTGR) moved higher by 10.58% from the previous session close to $26.02. After the bell, the company reported Q1 results.Quarterly Results Earnings per share were down 65% year over year to $0.21, which beat the estimate of $0.16.Revenue of $229,963,000 less by 7.68% from the same period last year, which beat the estimate of $214,400,000.Outlook Earnings guidance hasn't been issued by the company for now.Conference Call Details Date: Apr 22, 2020View more earnings on NTGRWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.netgear.com%2Foverview%2Fdefault.aspx&eventid=2160409&sessionid=1&key=1A801059F84983EF7118C54A592F0A3C®Tag=&sourcepage=registerTechnicals Company's 52-week high was at $36.87Company's 52-week low was at $15.01Price action over last quarter: Up 4.96%Company Overview Netgear Inc is a provider of networking solutions. The reportable segments of the company are connected home, and Small and Medium Business (SMB). The Connected Home segment focuses on consumers and consists of high-performance, dependable and easy-to-use 4G/5G mobile, Wi-Fi internet networking solutions and smart devices such as Orbi Voice smart speakers and Meural digital canvas; and SMB focused on small and medium-sized businesses and consists of business networking, storage, wireless LAN and security solutions that bring enterprise-class functionality to small and medium-sized businesses at an affordable price.See more from Benzinga * Recap: Echo Global Logistics Q1 Earnings * Recap: TD Ameritrade Holding Q2 Earnings * Recap: Alcoa Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SAN JOSE, Calif., April 22, 2020 -- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers.
NEW YORK, NY / ACCESSWIRE / April 22, 2020 / NETGEAR, Inc. (NASDAQ:NTGR) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 22, 2020 at 5:00 PM Eastern ...
NETGEAR (NASDAQ:NTGR) shareholders are no doubt pleased to see that the share price has had a great month, posting a...
SAN JOSE, Calif., April 07, 2020 -- NETGEAR, Inc., (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers.
Today we are going to look at NETGEAR, Inc. (NASDAQ:NTGR) to see whether it might be an attractive investment...
ProAV-focused M4300 series switches now officially certified for Crestron DM NVX systems – no configuration file required! SAN JOSE, Calif., March 10, 2020 (GLOBE NEWSWIRE) -- NETGEAR®, Inc. (NTGR), the leading provider of networking products that power businesses both large and small, today announced the versatile M4300 series switches are now officially Crestron® certified. A dominant player in the growing transition to AV over IP, Crestron provides a rigid certification program to ensure customers encounter a high level of interoperability and reliability.
SAN JOSE, Calif., Feb. 26, 2020 -- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers.
Alibaba, NETGEAR, Netflix, The Walt Disney Company and Sony highlighted as Zacks Bull and Bear of the Day
NETGEAR®, Inc. (NTGR), the leading provider of networking products that power businesses both large and small, is presenting the latest advances in AV-over-IP networking in Amsterdam at the Integrated Systems Europe (ISE) Conference Feb 11-14 in booth 15-U320. The ISE show is the world’s largest exposition for audio video (AV) equipment and systems integration with over 80,000 attendees from all around the globe. The new M4500 switches are engineered for AV-over-IP installations with NETGEAR IGMP Plus™ for an unparalleled ease of use right out of the box.
New product launches, robust subscriber base and lucrative cash flow benefit NETGEAR's (NTGR) Q4 earnings. However, trade tariffs, manufacturing shortfalls and lower shipments act as headwinds.
SAN JOSE, Calif., Feb. 05, 2020 -- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers.
SAN JOSE, Calif., Jan. 16, 2020 -- NETGEAR, Inc., (NASDAQ: NTGR), the leading provider of networking technology for small businesses, the smart home and online game play, today.
NETGEAR, Inc. (NASDAQ:NTGR) shareholders should be happy to see the share price up 12% in the last month. But that...
NETGEAR®, Inc. (NTGR), the leading provider of networking technology for small businesses, the smart home and online game play, today welcomes Laura Durr to join the company’s board of directors. Ms. Durr joins the board with a valued background in finance and strategy for leading Silicon Valley technology companies. Laura Durr, a director on the board of TiVo, most recently served as the EVP and Chief Financial Officer of Polycom, Inc. from May 2014 until the acquisition of Polycom by Plantronics Inc. in 2018.
NETGEAR®, Inc. (NTGR), the leading provider of networking technology for small businesses, the smart home and online game play, today welcomes Dr. Martin Westhead to the company as its CTO of Software. Dr. Westhead joins the company from the top-rated consumer company, Groupon, with over 45 million active customers and 5-star ratings for their mobile app. In this new role, Dr. Westhead will be accountable for further developing the company’s services and application products as well as setting the overall software technology roadmap that will support the current and future growth of the company.
With the help of 4G LTE backed Orbi offering, NETGEAR (NTGR) is making Orbi technology more accessible to a wide spectrum of audience by catering to the WiFi needs of every household.
NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of mesh WiFi systems that power today’s smart homes and small businesses, announced the introduction of the Nighthawk® Mesh WiFi System. With the broadest range of WiFi 6 offerings in the industry, NETGEAR, the leading provider of mesh WiFi solutions, continues the commitment to advance WiFi performance with the launch of a new product line, the Nighthawk Mesh WiFi system.
LAS VEGAS, Jan. 06, 2020 -- NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of mesh WiFi systems that power today’s smart homes and small businesses, is now combining the.
NETGEAR®, Inc. (NTGR), the leading provider of networking products that power businesses and smart homes, today announced during the annual international Consumer Electronics Show in Las Vegas that the Nighthawk® M5 5G WiFi 6 Mobile Router (MR5200) has been named a CES® 2020 Innovation Awards Honoree. The industry-defining mobile router joins NETGEAR’s Insight Instant Mesh WiFi solution and Nighthawk® AX8 8-Stream WiFi 6 Cable Modem Router as fellow Innovation award honorees.