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

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NETGEARĀ® Reports First Quarter 2018 Results

April 25, 2018 4:01 PM EDT

First quarter 2018 net revenue of $345.0 million, as compared to $323.7 million in the comparable prior year quarter, an increase of 6.6%.First quarter 2018 GAAP net income of $5.6 million, as compared to $16.0 million in the comparable prior year quarter.-- First quarter 2018 non-GAAP net income of $20.4 million, as compared to $21.7 million in the comparable prior year quarter.First quarter 2018 GAAP net income per diluted share of $0.17, as compared to net income per diluted share of $0.47 in the comparable prior year quarter.-- First quarter 2018 non-GAAP net income per diluted share of $0.62, as compared to $0.64 in the comparable prior... More