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

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NETGEARĀ® Reports Fourth Quarter and Full Year 2020 Results

February 3, 2021 4:05 PM EST

Fourth Quarter Revenue of $367 Million - 45% Growth Year over Year
SMB Returns to Year over Year Growth in Fourth Quarter

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 fourth quarter and full year ended December 31, 2020.

Fourth quarter 2020 net revenue of $367.1 million, an increase of 45.1% from the comparable prior year quarter. Fourth quarter 2020 GAAP operating income of $33.8... More