Brief: NETGEAR Reports First Quarter 2022 Results

NetGear

27/04/2022 23:05

April 27 (Reuters) - NETGEAR Inc  NTGR.O :
    * NETGEAR® REPORTS FIRST QUARTER 2022 RESULTS
    * Q1 2022 NET REVENUE OF $210.6 MILLION, A DECREASE OF 33.8%
FROM
COMPARABLE PRIOR YEAR QUARTER
    * Q1 2022 GAAP NET LOSS PER DILUTED SHARE OF $1.95
    * Q1 2022 NON-GAAP NET LOSS PER DILUTED SHARE OF $0.28
    * Q1 EARNINGS PER SHARE VIEW $0.10, REVENUE VIEW $225.9
MILLION --
REFINITIV IBES DATA
    * EXPECT OUR Q2 NET REVENUE TO BE IN RANGE OF $205 MILLION
TO $220
MILLION
    * Q2 REVENUE VIEW $249.3 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw33c2jHa 
Further company coverage:  NTGR.O 

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