Netgear, Inc. (NTGR) Tops Q1 EPS by 2c, Offers Q2 Guidance

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NETGEARĀ® Reports First Quarter 2017 Results

April 26, 2017 4:02 PM EDT

First quarter 2017 net revenue of $323.7 million, as compared to $310.3 million in the comparable prior year quarter, an increase of 4.3%.First quarter 2017 GAAP net income of $16.0 million, as compared to $16.6 million in the comparable prior year quarter. First quarter 2017 non-GAAP net income of $21.7 million, as compared to $24.6 million in the comparable prior year quarter. First quarter 2017 GAAP net income per diluted share of $0.47, as compared to $0.50 in the comparable prior year quarter. First quarter 2017 non-GAAP net income per diluted share of $0.64, as compared to $0.74 in the... More