NETGEAR® Provides Preliminary First Quarter Financial Results

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NETGEAR (NTGR) Shares Down 11% on Lowered Q1 Guidance

April 18, 2022 5:06 PM EDT

NETGEAR, Inc. (NASDAQ: NTGR) shares dropped more than 11% after-hours following the companys reported preliminary financial results Q1 (full results will be released on April 27, 2022). The company lowered its Q1 revenue estimate to $202-$212 million from the prior $225-$240 million. The Street estimate currently... More