NETGEAR® Reports Fourth Quarter and Full Year 2019 Results

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Netgear, Inc. (NTGR) Tops Q4 EPS by 5c, Revenues Beat

February 5, 2020 4:24 PM EST

Netgear, Inc. (NASDAQ: NTGR) reported Q4 EPS of $0.34, $0.05 better than the analyst estimate of $0.29. Revenue for the quarter came in at $253 million versus the consensus estimate of $245.79 million.

Fourth quarter 2019 net revenue of $253.0 million, a decrease of 12.4% from the comparable prior year quarter.Fourth quarter 2019 GAAP operating loss of $0.2 million, or (0.1)% of net revenue, as compared to operating income of $17.4 million, or 6.0% of net revenue, in the comparable prior year quarter.Fourth quarter 2019 non-GAAP operating income of $11.0 million, or 4.4% of net revenue, as compared to $27.1 million, or 9.4% of net... More