Recap: Netgear Q4 Earnings

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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.

Earnings

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.

Past Earnings Performance

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.

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