NETGEAR's Q1 Earnings Surpass Estimates, Revenues Down Y/Y

NETGEAR, Inc. (NTGR) reported first-quarter 2025 non-GAAP earnings per share of 2 cents, which beat the Zacks Consensus Estimate of a loss of 35 cents. The company reported a non-GAAP loss of 28 cents per share in the year-ago quarter.NETGEAR generated net revenues of $162.1 million, which beat the consensus estimate by 6.6%. The figure also surpassed the company's guidance of$ 145-$160 million. Revenues were down 1.5% on a year-over-year basis. The company added that the successful destocking plan in 2024 ...