NETGEAR(R) Reports Third Quarter 2015 Results

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Raymond James Upgrades NETGEAR (NTGR) to Outperform

October 23, 2015 7:13 AM EDT

Raymond James upgraded NETGEAR (NASDAQ: NTGR) from Underperform to Outperform with a price target of $39.00.

For an analyst ratings summary and ratings history on NETGEAR click here. For more ratings news on NETGEAR click here.

Shares of NETGEAR closed at $32.70 yesterday.

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Netgear, Inc. (NTGR) Tops Q3 EPS by 16c

October 22, 2015 4:44 PM EDT

Netgear, Inc. (NASDAQ: NTGR) reported Q3 EPS of $0.67, $0.16 better than the analyst estimate of $0.51. Revenue for the quarter came in at $341.9 million versus the consensus estimate of $322.14 million.

Netgear, Inc. sees Q4 2015 revenue of $335-350 million, versus the consensus of $338.26 million.

Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, "Our financial results for the third quarter of 2015 exceeded expectations, driven by... More