Netgear, Inc. (NTGR) Tops Q1 EPS by 14c

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NETGEARĀ® Reports First Quarter 2016 Results

April 27, 2016 4:01 PM EDT

First quarter 2016 net revenue of $310.3 million, as compared to $309.2 million in the comparable prior year quarter, increase of 0.4%.First quarter 2016 GAAP net income of $16.6 million, as compared to $8.0 million in the comparable prior year quarter. First quarter 2016 non-GAAP net income of $24.6 million, as compared to $16.3 million in the comparable prior year quarter. First quarter 2016 GAAP net income per diluted share of $0.50, as compared to $0.23 in the comparable prior year quarter. First quarter 2016 non-GAAP net income per diluted share of $0.74, as compared to $0.46 in the comparable... More