Netgear Sees Q2 2024 Net Revenue $125M-$140M
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/2/2024 | Buy → Neutral | BWS Financial | |
| 7/28/2022 | $30.00 | Neutral → Buy | BWS Financial |
| 2/3/2022 | $34.00 → $31.00 | Outperform | Raymond James |
| 1/4/2022 | $36.00 → $34.00 | Outperform | Raymond James |
| 10/28/2021 | $30.00 | Buy → Neutral | BWS Financial |
| 10/28/2021 | $42.00 → $36.00 | Outperform | Raymond James |
| 7/22/2021 | $54.00 → $43.00 | Buy | BWS Financial |
| 7/22/2021 | $48.00 → $42.00 | Outperform | Raymond James |
4 - NETGEAR, INC. (0001122904) (Issuer)
4 - NETGEAR, INC. (0001122904) (Issuer)
4 - NETGEAR, INC. (0001122904) (Issuer)
SC 13G/A - NETGEAR, INC. (0001122904) (Subject)
SC 13G/A - NETGEAR, INC. (0001122904) (Subject)
SC 13G/A - NETGEAR, INC. (0001122904) (Subject)
NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of innovative and secure solutions for people to connect and manage their digital lives, today reported that on May 30, 2024, Administrative Law Judge Doris Johnson Hines ("the ALJ") of the U.S. International Trade Commission ("ITC") issued an Initial Determination finding that China-based TP-Link violated federal law by importing and selling in the United States its multi-band Wi-Fi devices, routers and mesh networking devices.
Current net cash is equal to ~80% of NETGEAR's market cap & recent company-provided 2024 free cash flow guidance implies a de minimis, to potentially negative, enterprise value by year-endWindward believes splitting off the NFB segment would create significant shareholder value as diligence and comp analysis suggest this historically growing and highly profitable enterprise business is likely worth the entirety of the market cap, let alone the paltry enterprise valueMarket is ascribing almost no value to NETGEAR's business, despite the Company being a market leader in Consumer WiFi (~35% market share) and possessing a hidden gem in NFBImplores board to act swiftly to reward shareholders with
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BWS Financial downgraded NETGEAR from Buy to Neutral
BWS Financial upgraded NETGEAR from Neutral to Buy and set a new price target of $30.00
Raymond James reiterated coverage of Netgear with a rating of Outperform and set a new price target of $31.00 from $34.00 previously
10-Q - NETGEAR, INC. (0001122904) (Filer)
8-K - NETGEAR, INC. (0001122904) (Filer)
8-K - NETGEAR, INC. (0001122904) (Filer)
NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of networking products that power businesses of any size, today announced the launch of Engage 2.0, a major upgrade to the powerful platform designed to streamline management of audiovisual (AV) networks. NETGEAR Engage™ 2.0 is free and available to download starting today. The convergence of AV and IT environments and return of large-scale and mobile events and experiences continue to change the way AV systems are used, and the impact is significant. AV over IP brings complexity to commercial, broadcast, or residential installers when it comes to managing Ethernet switches, routers, and WiFi access points. For example, detecting Ethernet
Q3 net revenue of $182.9 million, above the high end of guidance Achieved GAAP and non-GAAP profitability, above the high end of guidance Fifth consecutive quarter of free cash flow generation Added more than $100 million to cash and cash equivalents to end Q3 with $395.7 million NETGEAR, Inc. (NASDAQ:NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today reported financial results for the third quarter ended September 29, 2024. Third quarter 2024 net revenue of $182.9 million, a decrease of 7.6% from the comparable prior-year quarter. Third quarter 2024 GAAP operating income of $95.8 million, or 52.4% of net revenue, as compar
NETGEAR, Inc. (NASDAQ:NTGR), the leader in advanced networking technologies for businesses, homes and service providers around the world, today announced that it granted equity awards on October 15, 2024 to newly-hired President and General Manager, NETGEAR for Business (NFB), Pramod Badjate as well as several newly-hired employees in multiple business units throughout the company. The awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as a material inducement to their commencing employment with NETGEAR. The inducement awards consist of (1) an award of time-based restricted stock units ("RSUs") relating to 165,000 shares of NETGEAR's common stock to Mr. Badjate, (2) awar
New Nighthawk RS600, RS500, and RS200 routers deliver ultra-fast WiFi 7, powerful performance, and secure networking to fit any budget NETGEAR®, Inc. (NASDAQ:NTGR), a leading provider of innovative and secure solutions for people to connect and manage their digital lives, today expanded its Nighthawk WiFi 7 standalone router line to include the new RS600, RS500, and RS200. The lineup of Nighthawk routers is built on the company's promise to deliver the latest WiFi 7 technology combined with powerful WiFi performance and secure connectivity for homes of any size. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240924299831/en/NETG
MYND IMMERSIVE TEAMS WITH AT&T, HTC VIVE, NETGEAR AND SELECT REHABILITATION TO BUILD NATIONAL SPATIAL COMPUTING NETWORK FOR OLDER ADULTS NEW YORK, July 31, 2024 /PRNewswire/ -- Mynd Immersive, a pioneer in the field of delivering immersive therapeutics to older adults, and the CTA Foundation, the non-profit arm of the Consumer Technology Association, are thrilled to announce the launch of the Great American Elderverse™ program, supported by the Steven & Alexandra Cohen Foundation, AT&T, HTC VIVE, NETGEAR, and Select Rehabilitation. This groundbreaking initiative is providing immersive content and technology to underserved and lower-income seniors across the United States, enhancing their qu
New appointments throughout the company position NETGEAR for advancement and long-term value creation NETGEAR®, Inc. (NASDAQ:NTGR), the leader in advanced networking technologies for homes, businesses, and service providers around the world, today announced several new additions to its leadership bench. The new board member and executives follow the appointment of CJ Prober as NETGEAR's CEO earlier this year, and join the robust group of accomplished leaders at NETGEAR. "These talented executives bring incredible pedigrees, subject matter expertise and track records to our team. Collaborating with the rest of our talented team, they will contribute to delivering exceptional products and
Q3 net revenue of $182.9 million, above the high end of guidance Achieved GAAP and non-GAAP profitability, above the high end of guidance Fifth consecutive quarter of free cash flow generation Added more than $100 million to cash and cash equivalents to end Q3 with $395.7 million NETGEAR, Inc. (NASDAQ:NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today reported financial results for the third quarter ended September 29, 2024. Third quarter 2024 net revenue of $182.9 million, a decrease of 7.6% from the comparable prior-year quarter. Third quarter 2024 GAAP operating income of $95.8 million, or 52.4% of net revenue, as compar
NETGEAR®, Inc. (NASDAQ:NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today announced that it will hold a conference call with investors and analysts on Wednesday, October 30 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company's third quarter 2024 results and fourth quarter 2024 business outlook The news release announcing the third quarter 2024 results will be disseminated on October 30, 2024 after the market closes. The toll-free dial-in number for the live audio call beginning at 5:00 p.m. ET (2:00 p.m. PT) on Wednesday, October 30, 2024 is (888) 660-6392. The international dial-in number for the live audio call is (929) 203-0
Q2 net revenue of $143.9 million, above the high end of guidance Completed destocking of channel, with approximately $30 million reduction Fourth consecutive quarter of FCF generation New Board member appointed and President of B2B business unit hired NETGEAR, Inc. (NASDAQ:NTGR), a global networking company that delivers innovative products to global consumers and businesses, today reported financial results for the second quarter ended June 30, 2024. As expected, second quarter results reflect the impact of destocking approximately $30 million of channel inventory, and the costs associated with an aggressive reduction of legacy inventory. Second quarter 2024 net revenue of $143.