NETGEAR® Reports Third Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/3/2026
- Wall St starts the month strong as Mideast deal hopes rise
- Fed's Williams says rate hikes possible if inflation persists
- Citi says buy these 3 chip stocks on pullback
- Microsoft joins, Broadcom exits Goldman's top-stocks list
- Deutsche Bank raises S&P 500 earnings estimates on the back of the solid Q2 beats
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
- After-Hours Stock Movers: META, MSFT, CMG, SBUX, CVNA, LRCX, FTNT, QCOM, TDOC
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
- After-Hours Stock Movers: FFIV, CDNS, APLD, RMBS, ESI, SANM
- After-Hours Stock Movers: INTC, AMD, ARM, MXL, EW, DECK
Netgear, Inc. (NTGR) Tops Q3 EPS by 17c, Revenues Beat
October 21, 2020 4:10 PM EDTNetgear, Inc. (NASDAQ: NTGR) reported Q3 EPS of $0.83, $0.17 better than the analyst estimate of $0.66. Revenue for the quarter came in at $378.1 million versus the consensus estimate of $313.51 million.
Third quarter 2020 net revenue of $378.1 million, an increase of 42.2% from the comparable prior year quarter.Third quarter 2020 GAAP operating income of $32.2 million, or 8.5% of net revenue, as compared to operating income of $12.1 million, or 4.5% of net revenue, in the comparable prior year quarter.Third quarter 2020 non-GAAP operating income of $41.4 million, or 10.9% of net revenue, as compared to $20.8 million, or 7.8% of net... More