Netgear Inc Reports Results For The Quarter Ended In September: Earnings Summary

NetGear

27/10/2021 22:58

* NETGEAR Inc  NTGR.OQ  reported quarterly adjusted earnings of
50 cents​​ per share for the quarter ended in September. The
mean expectation of four analysts for the quarter was
for earnings of 42 cents per share.
* Revenue fell 23.3% to $290.15 million from a year ago; 
analysts expected $294.96 million. 
* NETGEAR Inc's reported EPS for the quarter was 31 cents​.
* 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. 
* NETGEAR Inc shares had fallen by 0.9% this quarter and
lost 22.2% so far this year.
* The company reported quarterly net income of $9.58 million.
* Wall Street's median 12-month price target for NETGEAR Inc is
$40.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated October 27 at 09:58 p.m.
 ​All figures in US dollars unless otherwise stated