Netgear, Inc. (NTGR) Tops Q4 EPS by 7c

Netgear, Inc. (NASDAQ: NTGR) reported Q4 EPS of $0.71, $0.07 better than the analyst estimate of $0.64. Revenue for the quarter came in at $397.1 million versus the consensus estimate of $393.42 million.

GUIDANCE:

Netgear, Inc. sees Q1 2018 revenue of $330-345 million.

Christine Gorjanc, Chief Financial Officer of NETGEAR, added, "Looking forward to the first quarter of 2018, we expect net revenue to be in the range of $330 million to $345 million. GAAP operating margin is expected to be in the range of 0.8% to 1.8% and non-GAAP operating margin is expected to be in the range of 6.5% to 7.5%. Our GAAP tax rate is expected to be approximately 28.0% and our non-GAAP tax rate is expected to be 25.0% for the first quarter of 2018.”

For earnings history and earnings-related data on Netgear, Inc. (NTGR) click here.

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