Netgear, Inc. (NTGR) Tops Q2 EPS by 14c
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NETGEAR® Reports Second Quarter 2023 Results
July 26, 2023 4:05 PM EDTQ2 net revenue of $173.4 million, above the high end of guidance
Q2 GAAP gross margin of 31.3%; non-GAAP gross margin of 31.6%
804,000 paid subscribers for 22.9% growth year over year
SAN JOSE, Calif.--(BUSINESS WIRE)-- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the second quarter ended July 2, 2023.
Second quarter 2023 net revenue of $173.4 million, a decrease of 22.3% from the comparable prior-year... More