Netgear, Inc. (NTGR) Tops Q3 EPS by 9c

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Go back to Netgear, Inc. (NTGR) Tops Q3 EPS by 9c

NETGEAR® Reports Third Quarter 2021 Results

October 27, 2021 4:05 PM EDT

Third Consecutive Quarter of Double-Digit SMB Growth Year over Year

Board Authorizes Incremental Repurchase of up to 3,000,000 Shares

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 third quarter ended October 3, 2021.

Third quarter 2021 net revenue of $290.2 million, within guidance, a decrease of 23.3% from the comparable prior year quarter. Third quarter 2021 GAAP operating income of $12.9 million, or... More