Netgear, Inc. (NTGR) Tops Q2 EPS by 12c

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NETGEARĀ® Reports Second Quarter 2016 Results

July 27, 2016 4:02 PM UTC

Second quarter 2016 net revenue of $311.7 million, as compared to $288.8 million in the comparable prior year quarter, increase of 7.9%.Second quarter 2016 GAAP net income of $16.0 million, as compared to $3.7 million in the comparable prior year quarter. Second quarter 2016 non-GAAP net income of $24.1 million, as compared to $9.9 million in the comparable prior year quarter. Second quarter 2016 GAAP net income per diluted share of $0.48, as compared to $0.11 in the comparable prior year quarter. Second quarter 2016 non-GAAP net income per diluted share of $0.72, as compared to $0.29 in the comparable prior year quarter.... More