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NETGEAR Inc (NTGR.OQ)

NTGR.OQ on NASDAQ Stock Exchange Global Select Market

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Open
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$29.31
Volume
221,181
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$78.25
52-wk Low
$29.31

Latest Key Developments (Source: Significant Developments)

Netgear Q1 GAAP Earnings Per Share $0.39 From Continuing Operations
Wednesday, 24 Apr 2019 04:01pm EDT 

April 24 (Reuters) - NETGEAR Inc ::NETGEAR® REPORTS FIRST QUARTER 2019 RESULTS.Q1 GAAP EARNINGS PER SHARE $0.39 FROM CONTINUING OPERATIONS.Q1 REVENUE $249.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $244.3 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.SEES Q2 REVENUE $215 MILLION TO $230 MILLION.Q1 NON-GAAP EARNINGS PER SHARE $0.60 FROM CONTINUING OPERATIONS.Q2 GAAP OPERATING MARGIN IS EXPECTED TO BE IN RANGE OF 0.0% TO 1.0%.NETGEAR - Q2 NON-GAAP OPERATING MARGIN IS EXPECTED TO BE IN RANGE OF 4.0% TO 5.0%.Q2 REVENUE VIEW $256.1 MILLION -- REFINITIV IBES DATA.  Full Article

Netgear Says Consolidated Results Reported On Feb 6, 2019, Which Included Arlo Require Amendment
Friday, 22 Feb 2019 06:41am EST 

Feb 22 (Reuters) - Arlo Technologies Inc ::NETGEAR SAYS CONSOLIDATED RESULTS REPORTED ON FEBRUARY 6, 2019, WHICH INCLUDED ARLO REQUIRE AMENDMENT.NETGEAR - AMENDMENT SEES LOSS FROM DISCONTINUED OPERATIONS, NET OF TAX" INCREASE BY $5.4 MILLION IN BOTH Q4 AND YEAR ENDED DECEMBER 31, 2018, RESPECTIVELY.NETGEAR - AMENDMENT, WHICH INCREASES ARLO’S PRE-TAX LOSS FOR Q4, RESULTS IN $1.7 MILLION INCREASE TO "PROVISION FOR INCOME TAXES FROM CONTINUING OPERATIONS".NETGEAR INC - NOW REPORTS Q4 LOSS FROM CONTINUING OPERATIONS $0.02.  Full Article

Netgear Announces Declaration Of A Special Stock Dividend To Spin-Off Arlo
Thursday, 29 Nov 2018 08:00am EST 

Nov 29 (Reuters) - NETGEAR Inc ::NETGEAR ANNOUNCES DECLARATION OF A SPECIAL STOCK DIVIDEND TO SPIN-OFF ARLO.NETGEAR INC - ESTIMATES STOCKHOLDERS WILL RECEIVE APPROXIMATELY 1.98 SHARES OF ARLO COMMON STOCK FOR EVERY SHARE OF NETGEAR COMMON STOCK HELD.NETGEAR INC - DISTRIBUTION BY NETGEAR OF SPECIAL STOCK DIVIDEND WILL BE MADE ON DECEMBER 31.  Full Article

ACCC Updates On Action Against Netgear Australia
Monday, 26 Feb 2018 08:47pm EST 

Feb 27 (Reuters) - Australian Competition and Consumer Commission::NETGEAR AUSTRALIA TO PROVIDE REMEDIES & REFUNDS TO CUSTOMERS MISLED BY ITS WARRANTY & TECHNICAL SUPPORT REPRESENTATIONS, FOLLOWING ACTION BY ACCC.  Full Article

Netgear Announces Planned Separation Of Its Arlo Business
Tuesday, 6 Feb 2018 04:01pm EST 

Feb 6 (Reuters) - Netgear Inc ::NETGEAR® ANNOUNCES PLANNED SEPARATION OF ITS ARLO BUSINESS.NETGEAR INC - EXPECTS ARLO TO ISSUE LESS THAN 20% OF ITS COMMON STOCK IN IPO, WITH NETGEAR TO RETAIN REMAINING INTEREST​.NETGEAR INC - ‍BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED PURSUIT OF A SEPARATION OF ITS ARLO BUSINESS FROM NETGEAR​.NETGEAR INC - ‍SEPARATION EXPECTED TO BE EFFECTED THROUGH AN IPO OF NEWLY ISSUED SHARES OF COMMON STOCK OF ARLO TECHNOLOGIES.NETGEAR INC - EXPECTS ARLO TO CONFIDENTIALLY SUBMIT A DRAFT REGISTRATION STATEMENT WITH SEC IN FIRST HALF OF 2018​.NETGEAR INC - ‍ARLO IPO EXPECTED TO BE COMPLETED IN SECOND HALF OF 2018​.NETGEAR INC - ‍EXPECTS MATTHEW MCRAE TO SERVE AS ARLO'S CEO UPON COMPLETION OF IPO​.  Full Article

Netgear Reports Q4 GAAP Loss Per Share $1.02
Tuesday, 6 Feb 2018 04:01pm EST 

Feb 6 (Reuters) - Netgear Inc ::NETGEAR® REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.71.Q4 GAAP LOSS PER SHARE $1.02.Q4 REVENUE ROSE 7.9 PERCENT TO $397.1 MILLION.SEES Q1 2018 REVENUE $330 MILLION TO $345 MILLION.SEES Q1 GAAP OPERATING MARGIN IS EXPECTED TO BE IN RANGE OF 0.8% TO 1.8%.Q1 NON-GAAP OPERATING MARGIN IS EXPECTED TO BE IN RANGE OF 6.5% TO 7.5%.  Full Article

Netgear Recalls Power Adapters For Outdoor Cameras Due To Fire Hazard
Tuesday, 5 Dec 2017 04:07pm EST 

Dec 5 (Reuters) - Netgear Inc ::NETGEAR RECALLS POWER ADAPTERS FOR OUTDOOR CAMERAS DUE TO FIRE HAZARD.U.S. CONSUMER PRODUCT SAFETY COMMISSION SAYS ABOUT 7,300 POWER ADAPTERS FOR OUTDOOR ARLO CAMERAS INVOLVED IN NETGEAR'S RECALL.U.S. CPSC SAYS FIRM HAS RECEIVED SEVEN REPORTS OF POWER ADAPTER CORD MELTING AND OVERHEATING, RESULTING IN ONE FIRE FROM RECALL.  Full Article

Netgear reports Q3 non-GAAP earnings per share $0.81
Wednesday, 25 Oct 2017 04:01pm EDT 

Oct 25 (Reuters) - Netgear Inc ::Netgear reports third quarter 2017 results.Q3 non-GAAP earnings per share $0.81.Q3 GAAP earnings per share $0.64.Q3 revenue $355.5 million versus I/B/E/S view $349.4 million.Sees Q4 2017 revenue $375 million to $390 million.Q3 earnings per share view $0.68 -- Thomson Reuters I/B/E/S.Netgear inc - ‍ expects Q4 2017 GAAP operating margin in range of 4.8pct to 5.8pct and non-gaap operating margin in range of 7.0pct to 8.0pct​.  Full Article

Netgear Q2 earnings per share $0.44
Wednesday, 26 Jul 2017 04:01pm EDT 

July 26 (Reuters) - Netgear Inc :Netgear reports second quarter 2017 results.Q2 non-GAAP earnings per share $0.60.Q2 GAAP earnings per share $0.44.Q2 revenue $330.7 million versus I/B/E/S view $324.6 million.Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $340 million to $355 million.Q3 revenue view $348.7 million -- Thomson Reuters I/B/E/S.Sees Q3 gaap operating margin is expected to be in range of 6.5% to 7.5%.Sees Q3 non-GAAP operating margin is expected to be in range of 9.0% to 10.0%.  Full Article