NASDAQ:NTGR

NETGEAR® Reports First Quarter 2024 Results

Retrieved on: 
Mercoledì, Maggio 1, 2024
Technology, Mobile, Wireless, 5G, Networks, Internet, Hardware, Health, NFB, CHP, B2B, Investment, GAAP, Bank

First quarter 2024 net revenue of $164.6 million, a decrease of 9.0% from the comparable prior-year quarter.

Key Points: 
  • First quarter 2024 net revenue of $164.6 million, a decrease of 9.0% from the comparable prior-year quarter.
  • First quarter 2024 non-GAAP operating loss of $16.0 million, or (9.7)% of net revenue, as compared to non-GAAP operating loss of $7.1 million, or (3.9)% of net revenue, in the comparable prior-year quarter.
  • First quarter 2024 GAAP net loss per diluted share of $0.63, as compared to net loss per diluted share of $0.33 in the comparable prior-year quarter.
  • First quarter 2024 non-GAAP net loss per diluted share of $0.28, as compared to non-GAAP net loss per diluted share of $0.19 in the comparable prior-year quarter.

NETGEAR Expands Growing List of AV Technology Partners

Retrieved on: 
Martedì, Aprile 16, 2024
Consumer Electronics, Technology, Audio, Video, Mobile, Wireless, Networks, Internet, Hardware, Copper, AES67, Compression, IP, AV, AI, Pro, AMX, Libav, NVX, Workflow, National Association, NETGEAR, Intel, SMPTE, SMPTE ST 2110, PTP, NAB, Power over Ethernet, Growth, AVB, Video game

By combining NETGEAR and Intel technology, anyone building ST2110 networks can rely on seamless interoperability and high performance time-sensitive networking.

Key Points: 
  • By combining NETGEAR and Intel technology, anyone building ST2110 networks can rely on seamless interoperability and high performance time-sensitive networking.
  • Removing all the complex menus filled with arduous IT network jargon, the NETGEAR AV OS™ provides a simple AV-friendly, template-based approach to switch configuration.
  • NETGEAR’s groundbreaking AV-centric user interface simplifies the overall installation and configuration process for users with pre-configured AV profiles that have been certified by 200+ AV manufacturers .
  • The Intel Media Transport Library supports those requirements for media communications between server nodes while providing the following benefits:

NETGEAR Schedules First Quarter 2024 Results Conference Call

Retrieved on: 
Lunedì, Aprile 15, 2024
5G, Networks, Internet, Audio, Video, Hardware, Consumer Electronics, Technology, Mobile, Wireless, News, ID

ET (2:00 p.m. PT) to discuss the Company’s first quarter 2024 results and second quarter 2024 business outlook.

Key Points: 
  • ET (2:00 p.m. PT) to discuss the Company’s first quarter 2024 results and second quarter 2024 business outlook.
  • The news release announcing the first quarter 2024 results will be disseminated on May 1, 2024 after the market closes.
  • ET (2:00 p.m. PT) on Wednesday, May 1, 2024 is (888) 660-6392.
  • A live webcast of the conference call will be available on NETGEAR’s Investor Relations website at http://investor.netgear.com .

NETGEAR Unveils the Ultimate Tri-band WiFi 7 Access Point WBE750 for Heavily Connected Businesses

Retrieved on: 
Giovedì, Marzo 14, 2024
Software, Networks, Internet, Professional Services, Hardware, Data Management, Consumer Electronics, IOT (Internet of Things), Technology, Small Business, Web3, Other Technology, Cloud, IEEE 802.11be, Create, VLAN, POS, NETGEAR, Access Point (Antarctica), Tablet, Insight, Small business, RF, Multi, Wi-Fi, APS, WPA3, Workplace, Work, Mobile phone

The tri-band WBE750 is designed for businesses heavily reliant on wireless internet and delivers up to 18.4Gbps1 total WiFi throughput, supported by a 10Gbps/Multi-Gigabit PoE++ port.

Key Points: 
  • The tri-band WBE750 is designed for businesses heavily reliant on wireless internet and delivers up to 18.4Gbps1 total WiFi throughput, supported by a 10Gbps/Multi-Gigabit PoE++ port.
  • View the full release here: https://www.businesswire.com/news/home/20240314631861/en/
    NETGEAR unveils the ultimate Tri-band WiFi 7 Access Point WBE750 for heavily connected businesses.
  • (Photo: Business Wire)
    The WBE750 Insight Manageable Tri-band WiFi 7 Access Point provides the deep capabilities that today’s complex businesses need, including real-time responsiveness, low latency, and increased capacity.
  • The WBE750 access point with its high WiFi throughput and ability to support up to 600 concurrent devices is among the most advanced available today.

NETGEAR Unveils Next Generation of Connectivity with the Nighthawk DOCSIS 3.1 High-Speed Internet Cable Modem

Retrieved on: 
Martedì, Marzo 12, 2024
Consumer Electronics, Technology, Other Technology, Networks, Internet, Hardware, Bit, NETGEAR, Modem, ISP, Comcast, DOCSIS 3.1, NAS, Wi-Fi, Internet service provider, Zoom, Data-rate units, Ecosystem, Cox, Music, Multimedia, OpenVault, Cable television

NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power both home and office, today announced the availability of the next-generation Nighthawk® DOCSIS® 3.1 High-Speed Internet Cable Modem (CM3000) , specifically engineered to handle today’s fastest DOCSIS 3.1 cable internet speeds that can only be accessed with mid/high-split technology.

Key Points: 
  • NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of networking products that power both home and office, today announced the availability of the next-generation Nighthawk® DOCSIS® 3.1 High-Speed Internet Cable Modem (CM3000) , specifically engineered to handle today’s fastest DOCSIS 3.1 cable internet speeds that can only be accessed with mid/high-split technology.
  • View the full release here: https://www.businesswire.com/news/home/20240312800246/en/
    NETGEAR unveils the next generation of connectivity with the Nighthawk DOCSIS 3.1 High-Speed Internet Cable Modem (CM3000).
  • The stylish, mid/high-split Nighthawk CM3000 cable modem works seamlessly with these and every other major U.S. cable service provider and is future-proofed for the even more demanding high-split needs to come.
  • Or reach up to 2Gbps by connecting the two Gigabit ports to a router that supports Internet with link aggregation.

NETGEAR® Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Mercoledì, Febbraio 28, 2024
Data Management, IOT (Internet of Things), Technology, Software, Networks, Internet, Hardware, TSR, Calendar, Letter, Employment

The awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as a material inducement to Mr. Prober’s employment with NETGEAR.

Key Points: 
  • The awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as a material inducement to Mr. Prober’s employment with NETGEAR.
  • The 2024 Annual Award and the Sign-On RSU Award each will vest in equal annual installments over four years (with the first installment vesting on January 31, 2025), in each case subject to Mr. Prober’s continued service with NETGEAR through the vesting date.
  • For each tranche, the number of Sign-On PSUs that become eligible to vest (“Earned PSUs”) will be based on how the total shareholder return (“TSR”) of NETGEAR during the performance period compares to the TSRs of the companies in the Nasdaq Telecommunications Index (IXTC), as described in the Offer Letter.
  • The total number of Earned PSUs will be subject to a “true-up” if the cumulative 3-year relative TSR of NETGEAR from January 31, 2024 through December 31, 2026 is higher than the relative TSR as of the end of either of the first two performance periods.

NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility

Retrieved on: 
Martedì, Febbraio 13, 2024
Telecommunications, Networks, Internet, Audio, Video, Hardware, Consumer Electronics, Technology, VoIP, AMX, Copper, Multimedia, AES67, AV, Pro, Panasonic, NETGEAR, AVB, Libav, PTP, SMPTE, Power over Ethernet, KAIROS, IP, SMPTE ST 2110, Compatibility, Workflow, BDM, NVX, Partnership, Video game

The M4350 series ST 2110-capable switches are part of NETGEAR’s ongoing initiative to develop AV-over-IP solutions for the broadcast and Pro AV industries.

Key Points: 
  • The M4350 series ST 2110-capable switches are part of NETGEAR’s ongoing initiative to develop AV-over-IP solutions for the broadcast and Pro AV industries.
  • View the full release here: https://www.businesswire.com/news/home/20240213691505/en/
    NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility (Photo: Business Wire)
    KAIROS is an IT/IP Platform for live production that gives professionals unlimited control to deliver rich content for broadcast, large screen display and live streams.
  • SMPTE ST 2110 is supported on the VSM4320C (copper) and XSM4344C (fiber) M4350 models with 10G to 100G ports and PTP synchronization.
  • "We believe that the user-friendly design of the M4350 series with its template-based configurations will open up new opportunities for SMPTE ST 2110 in the video production market through our collaboration."

NETGEAR® Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Mercoledì, Febbraio 7, 2024
Data Management, Consumer Electronics, Technology, Other Technology, Networks, Internet, Hardware, Wi-Fi, Investment, Growth, GAAP, SMB, CHP, Bank

Fourth quarter 2023 net revenue of $188.7 million, a decrease of 24.3% from the comparable prior-year quarter.

Key Points: 
  • Fourth quarter 2023 net revenue of $188.7 million, a decrease of 24.3% from the comparable prior-year quarter.
  • Fourth quarter 2023 non-GAAP operating income of $2.7 million, or 1.4% of net revenue, as compared to non-GAAP operating loss of $3.9 million, or (1.6)% of net revenue, in the comparable prior-year quarter.
  • Fourth quarter 2023 GAAP net loss per diluted share of $0.06, as compared to net loss per diluted share of $0.21 in the comparable prior-year quarter.
  • Fourth quarter 2023 non-GAAP net income per diluted share of $0.09, as compared to non-GAAP net loss per diluted share of $0.03 in the comparable prior-year quarter.

NETGEAR Appoints Technology Leader Charles (CJ) Prober as New CEO

Retrieved on: 
Mercoledì, Gennaio 31, 2024
Data Management, Consumer Electronics, Technology, IOT (Internet of Things), Semiconductor, Other Technology, Telecommunications, Apps, Applications, Internet, 5G, Hardware, Multimedia, McKinsey & Company, Prober, Electronics, Electronic Arts, NETGEAR, Digital, Tile, CJ, Pioneer, SVP, GoPro, Software, Management

Lo, current Chief Executive Officer and Chairman of the board, is retiring from his position at NETGEAR and from the company’s Board.

Key Points: 
  • Lo, current Chief Executive Officer and Chairman of the board, is retiring from his position at NETGEAR and from the company’s Board.
  • The Board has appointed Charles (CJ) Prober, a senior technology executive, to succeed him effective immediately.
  • View the full release here: https://www.businesswire.com/news/home/20240131636954/en/
    CJ Prober, new CEO of NETGEAR (Photo: Business Wire)
    “As co-founder of NETGEAR, and leader for nearly three decades, it goes without saying that Patrick Lo’s impact on the company is undeniable.
  • “As an innovator and pioneer, NETGEAR is an admired and respected brand by both consumers and businesses at a time when connectivity matters more than ever,” said CJ Prober, NETGEAR CEO.

NETGEAR® Provides Preliminary Fourth Quarter Financial Results

Retrieved on: 
Mercoledì, Gennaio 31, 2024
Apps, Applications, Mobile, Wireless, Technology, Semiconductor, Software, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Growth, GAAP, GDP, SMB, CHP

NETGEAR, Inc., (NASDAQ: NTGR), today reported certain preliminary financial results for its fourth fiscal quarter ended December 31, 2023.

Key Points: 
  • NETGEAR, Inc., (NASDAQ: NTGR), today reported certain preliminary financial results for its fourth fiscal quarter ended December 31, 2023.
  • NETGEAR will announce full results for the fourth quarter on February 7, 2024.
  • NETGEAR currently expects net revenue for the fourth quarter of 2023 to be between $179 million and $189 million, compared to prior guidance of $175 million to $190 million for the fourth quarter of 2023.
  • Non-GAAP operating margin for the fourth quarter of 2023 is expected to be between 0% and 1.5%, compared to prior guidance of (2.0)% to 1.0%.