NETGEAR Q3 Earnings and Revenues Surpass Estimates, Down Y/Y

NETGEAR, Inc. (NTGR) reported third-quarter 2024 non-GAAP earnings of 17 cents per share, which beat the Zacks Consensus Estimate of a loss of 4 cents. The company had reported non-GAAP earnings of 23 cents in the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. NETGEAR generated net revenues of $182.9 million, beating the consensus estimate by 4.5%. The figure also beat the guidance of$ 170- $180 million. Revenues improved 27.1% sequentially. But the metric was do ...