Raymond James Upgrades NETGEAR (NTGR) to Outperform

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Go back to Raymond James Upgrades NETGEAR (NTGR) to Outperform

NETGEAR(R) Reports Third Quarter 2015 Results

October 22, 2015 4:05 PM EDT

SAN JOSE, CA -- (Marketwired) -- 10/22/15 -- NETGEAR, Inc. (NASDAQ: NTGR)

Third quarter 2015 net revenue of $341.9 million, as compared to $353.3 million in the comparable prior year quarter, decrease of 3.2%. Third quarter 2015 GAAP net income of $15.1 million, as compared to $20.0 million in the comparable prior year quarter. Third quarter 2015 non-GAAP net income of $21.7 million, as compared to $26.2 million in the comparable prior year quarter. Third quarter 2015 GAAP net income per diluted share of $0.47, as compared to $0.55 in the comparable prior year quarter. Third quarter 2015 non-GAAP net income... More