Netgear Inc Reports Results For The Quarter Ended December 31: Earnings Summary

NetGear

05/02/2025 22:49

* NETGEAR Inc  NTGR.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of two analysts for the quarter was
for a loss of 24 cents per share. 
    * Revenue fell 3.3% to $182.42 million from a year ago;
analysts
expected $167.47 million. 
    * NETGEAR Inc's reported EPS for the quarter was a loss
of 31
cents​.
    * The company reported a quarterly loss of $8.89 million.
    * NETGEAR Inc shares had risen by 1.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
communications &
networking peer group is  "hold."

Wall Street's median 12-month price target for NETGEAR Inc is
$22.00 
This summary was machine generated from LSEG data February 5 at
10:48 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      -0.24          -0.06          Beat
 Sep. 30 2024      -0.04          0.17           Beat
 Jun. 30 2024      -0.81          -0.74          Beat
 Mar. 31 2024      -0.28          -0.28          Met