NETGEARNASDAQ: NTGR

Examine the evolution of NETGEAR's (NTGR) overseas revenue trends and their effects on Wall Street's forecasts and the stock's prospects.

NTGR's third-quarter performance is driven by strength in the NFB segment and demand for premium products portfolio within the CHP business.

NETGEAR, Inc. (NTGR) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.23 per share a year ago.

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 throughout the company. The awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as a.

NTGR's strategic expansion of its WiFi 7 portfolio is driving top-line expansion but rising costs and fierce competition in the market weigh on it.

Opportunities presented by the Wi-Fi 7 upgrade cycle are positives for NTGR, but weak macroeconomic conditions and increasing costs remain concerning.

NETGEAR, Inc. NTGR has expanded its Nighthawk WiFi 7 standalone router portfolio with the addition of the RS600, RS500 and RS200 routers. These routers are available now on NETGEAR.com, with the RS600 priced at $499, RS500 at $399 and RS200 at $229 MSRP.

NTGR raises its third-quarter 2024 revenue & margin guidance owing to the litigation settlement and early launch of its next-generation 5G mobile hotspot.

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.