Netgear, Inc. (NTGR) Tops Q4 EPS by 5c, Revenues Beat
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NETGEAR® Reports Fourth Quarter and Full Year 2019 Results
February 5, 2020 4:05 PM ESTSAN JOSE, Calif., Feb. 05, 2020 (GLOBE NEWSWIRE) -- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the fourth quarter and full year ended December 31, 2019.
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... More