Netgear, Inc. (NTGR) Tops Q2 EPS by 6c

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NETGEARĀ® Reports Second Quarter 2017 Results

July 26, 2017 4:01 PM EDT

Second quarter 2017 net revenue of $330.7 million, as compared to $311.7 million in the comparable prior year quarter, an increase of 6.1%.Second quarter 2017 GAAP net income of $14.6 million, as compared to $16.0 million in the comparable prior year quarter.      Second quarter 2017 non-GAAP net income of $19.9 million, as compared to $24.1 million in the comparable prior year quarter.Second quarter 2017 GAAP net income per diluted share of $0.44, as compared to $0.48 in the comparable prior year quarter.      Second quarter 2017 non-GAAP net income per diluted share of $0.60, as compared to $0.72 in the comparable prior year quarter.Business outlook1: Company expects... More