Netgear, Inc. (NTGR) Tops Q2 EPS by 32c, Revenues Beat
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NETGEAR® Reports Second Quarter 2020 Results
July 22, 2020 4:05 PM EDT
Delivers Double Digit Revenue Growth to $280 million
Expects Strong Demand Trend to Continue in 2H2020
SAN JOSE, Calif.--(BUSINESS WIRE)-- 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 second quarter ended June 28, 2020.
Second quarter 2020 net revenue of $280.1 million, an increase of 21.3% from the comparable prior year quarter. Second quarter 2020 GAAP operating income of $8.9 million, or 3.2% of net revenue, as compared to operating... More