NETGEAR, Inc. Stock News

Netgear's strong balance sheet, with more than 50% of its market cap in cash and zero debt, makes it a defensive investment. Despite near-term profitability challenges, strategic inventory reduction and reinvestment in high-margin segments aim to position Netgear for long-term growth. Management's focus on returning to profitability is crucial, but the lack of a clear timeline adds risk to the ...

Netgear, Inc.'s share price nearly doubled despite continued operational decline; I maintain a hold rating due to a lack of substantial performance turnaround. Q3 results show mixed performance: NFB segment grew 13% y/y, but Connected Home declined 18% y/y, leading to overall lackluster top line performance. The $100m litigation settlement improved liquidity, but operational performance remains...

NETGEAR, Inc. (NASDAQ:NTGR ) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants Erik Bylin - IR C.J. Prober - CEO Bryan Murray - CFO Conference Call Participants Adam Tindle - Raymond James Operator Ladies and gentlemen, thank you for standing by.

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (Nasdaq: NTGR), the leader in advanced networking technologies for businesses, homes and service providers around the world, today announced that it granted equity awards on October 15, 2024 to newly-hired President and General Manager, NETGEAR for Business (NFB), Pramod Badjate as well as several newly-hired employees in multiple business units ...

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR®, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today announced that it will hold a conference call with investors and analysts on Wednesday, October 30 at 5:00 p.m. ET (2:00 p.m. PT) to discuss the Company's third quarter 2024 results and fourth quarter 2024 business outlook The ...

NETGEAR Inc. NASDAQ: NTGR manufactures a wide range of networking products for consumers and businesses worldwide. Its devices, including routers, switches, and modems, help to enhance internet connectivity.

After fees and taxes, NETGEAR gets a $90 million cash boost. I see NETGEAR's balance sheet is strong, with approximately 64% of its market cap made up of cash and no debt. I'm concerned about NETGEAR's ongoing challenges, especially with Q3 2024 projected to mark the 12th consecutive quarter of negative revenue growth.

Netgear, Inc. reported weak Q2 revenue but raised Q3 sales guidance yesterday, boosting investor confidence and stock price by 32%. Watch Netgear's cash and free cash flow improvements. New 5G product launches and business investments show promise.