Netgear, Inc. (NTGR) Misses Q1 EPS by 5c

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Go back to Netgear, Inc. (NTGR) Misses Q1 EPS by 5c

NETGEAR(R) Reports First Quarter 2015 Results

April 23, 2015 4:01 PM EDT

SAN JOSE, CA -- (Marketwired) -- 04/23/15 -- NETGEAR, Inc. (NASDAQ: NTGR)

First quarter 2015 net revenue of $309.2 million, as compared to $349.4 million in the comparable prior year quarter, decrease of 11.5% year over year. First quarter 2015 GAAP net income of $8.0 million, as compared to $14.4 million in the comparable prior year quarter. First quarter 2015 non-GAAP net income of $16.3 million, as compared to $22.0 million in the comparable prior year quarter. First quarter 2015 GAAP net income per diluted share of $0.23, as compared to $0.39 in the comparable prior year quarter. First quarter... More