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Recap: Netgear Q3 Earnings – Netgear (NASDAQ:NTGR)

ByBenzinga Insights

Oct 26, 2022
Recap: Netgear Q3 Earnings - Netgear (NASDAQ:NTGR)

Netgear NTGR reported its Q3 earnings results on Wednesday, October 26, 2022 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Netgear beat estimated earnings by 162.5%, reporting an EPS of $0.21 versus an estimate of $0.08.

Revenue was down $40.56 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 22.57% increase in the share price the next day.

Here’s a look at Netgear’s past performance:








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.24

0.41
EPS Actual -0.19 -0.28 0.27 0.50
Revenue Estimate 209.78M 251.19M 258.82M 294.96M
Revenue Actual 223.22M 210.56M 251.19M 290.15M








Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.24

0.41
EPS Actual -0.19 -0.28 0.27 0.50
Revenue Estimate 209.78M 251.19M 258.82M 294.96M
Revenue Actual 223.22M 210.56M 251.19M 290.15M

To track all earnings releases for Netgear visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.