Netgear, Inc. (NTGR) Tops Q3 EPS by 5c

Netgear, Inc. (NASDAQ: NTGR) reported Q3 EPS of $0.76, $0.05 better than the analyst estimate of $0.71. Revenue for the quarter came in at $338.5 million versus the consensus estimate of $323.82 million.

GUIDANCE:

Netgear, Inc. sees Q4 2016 revenue of $340-355 million, versus the consensus of $348.8 million.

• GAAP operating margin in the range of 7.9% to 8.9% and non-GAAP operating margin in the range of 10.5% to 11.5%. Additionally, the Company expects the GAAP tax rate to be approximately 37% and non-GAAP tax rate to be approximately 34%.

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

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