Recap: Netgear Q3 Earnings

Netgear NTGR reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

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

Netgear beat estimated earnings by 162.5%, reporting an EPS of $0.21 versus an estimate of $0.08.

Revenue was down $40.56 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 22.57% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.24			0.41
EPS Actual	-0.19	-0.28	0.27	0.50
Revenue Estimate	209.78M	251.19M	258.82M	294.96M
Revenue Actual	223.22M	210.56M	251.19M	290.15M

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.

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