NetgearĀ® Reports Second Quarter 2022 Results

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Netgear, Inc. (NTGR) Tops Q2 EPS by 5c

July 27, 2022 4:35 PM EDT

Netgear, Inc. (NASDAQ: NTGR) reported Q2 EPS of ($0.19), $0.05 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $223.2 million versus the consensus estimate of $209.8 million.

GUIDANCE:

Mr. Murray continued, With solid demand and improving supply, we expect SMB and the service provider channel to continue to gain momentum in the back half of the year. We expect third quarter revenue from the service provider channel will... More