Netgear, Inc. (NTGR) Tops Q2 EPS by 14c, Beats on Revenue

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Go back to Netgear, Inc. (NTGR) Tops Q2 EPS by 14c, Beats on Revenue

NETGEAR® Reports Second Quarter 2024 Results

July 31, 2024 4:05 PM EDT

Q2 net revenue of $143.9 million, above the high end of guidance

Completed destocking of channel, with approximately $30 million reduction

Fourth consecutive quarter of FCF generation

New Board member appointed and President of B2B business unit hired

SAN JOSE, Calif.--(BUSINESS WIRE)-- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative products to global consumers and businesses, today reported financial results for the second quarter ended June 30, 2024. As expected, second quarter results reflect the... More