Brief: Netgear® Provides Preliminary First Quarter Financial Results

NetGear

18/04/2022 21:41

April 18 (Reuters) - NETGEAR Inc  NTGR.O :
    * NETGEAR® PROVIDES PRELIMINARY FIRST QUARTER FINANCIAL
RESULTS
    * SEES Q1 REVENUE $202 MILLION TO $212 MILLION
    * SUPPLY OF COMPONENTS TO OUR FACTORIES WERE SEVERELY
DISRUPTED IN
MARCH DUE TO COVID-INDUCED LOCKDOWNS IN SHENZHEN
    * NON-GAAP OPERATING MARGIN FOR Q1 OF 2022 IS EXPECTED TO BE
BETWEEN NEGATIVE 5.3% AND NEGATIVE 4.3%
    * Q1 REVENUE VIEW $231.6 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw6qNV0Na 
Further company coverage:  NTGR.O 

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