Recap: Netgear Q4 Earnings

Netgear NTGR reported its Q4 earnings results on Wednesday, February 7, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Netgear beat estimated earnings by 125.0%, reporting an EPS of $0.09 versus an estimate of $0.04.

Revenue was down $60.43 million from the same period last year.

Last quarter the company beat on EPS by $0.27 which was followed by a 19.65% increase in the share price the next day.

Here's a look at Netgear's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	-0.04	-0.34	-0.10	-0.08
EPS Actual	0.23	-0.16	-0.19	-0.03
Revenue Estimate	183.85M	156.68M	193.87M	243.52M
Revenue Actual	197.84M	173.41M	180.91M	249.10M

To track all earnings releases for Netgear visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.