NETGEAR® Reports Fourth Quarter and Full Year 2020 Results

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Netgear, Inc. (NTGR) Tops Q4 EPS by 15c

February 3, 2021 4:13 PM EST

Netgear, Inc. (NASDAQ: NTGR) reported Q4 EPS of $0.99, $0.15 better than the analyst estimate of $0.84. Revenue for the quarter came in at $367.1 million versus the consensus estimate of $345.49 million.

Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, NETGEAR ended 2020 with another outstanding quarter, delivering 45% revenue growth and 11% non-GAAP operating margin. In a year without parallel, the NETGEAR team rallied against countless obstacles to continually surpass our expectations while remaining efficient to produce strong operating leverage on our... More