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Netgear (NASDAQ:NTGR) reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Netgear beat estimated earnings by 125.0%, reporting an EPS of $0.09 versus an estimate of $0.04.
Revenue was down $60.43 million from the same period last year.
Last quarter the company beat on EPS by $0.27 which was followed by a 19.65% increase in the share price the next day.
Here's a look at Netgear's past performance:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
---|---|---|---|---|
EPS Estimate | -0.04 | -0.34 | -0.10 | -0.08 |
EPS Actual | 0.23 | -0.16 | -0.19 | -0.03 |
Revenue Estimate | 183.85M | 156.68M | 193.87M | 243.52M |
Revenue Actual | 197.84M | 173.41M | 180.91M | 249.10M |
To track all earnings releases for Netgear visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Posted In: NTGR