Netgear, Inc. (NTGR) Tops Q3 EPS by 5c

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Go back to Netgear, Inc. (NTGR) Tops Q3 EPS by 5c

NETGEAR® Reports Third Quarter 2016 Results

October 26, 2016 4:01 PM EDT

Third quarter 2016 net revenue of $338.5 million, as compared to $341.9 million in the comparable prior year quarter, a decrease of 1.0%.Third quarter 2016 GAAP net income of $21.1 million, as compared to $15.1 million in the comparable prior year quarter. Third quarter 2016 non-GAAP net income of $25.9 million, as compared to $21.7 million in the comparable prior year quarter. Third quarter 2016 GAAP net income per diluted share of $0.62, as compared to $0.47 in the comparable prior year quarter. Third quarter 2016 non-GAAP net income per diluted share of $0.76, as compared to $0.67 in the comparable prior year quarter.... More