Published on 1 May 2024 on Zacks via Yahoo Finance
NETGEAR, Inc. (NTGR) Reports Q1 Loss, Tops Revenue Estimates
NETGEAR, Inc. (NTGR) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -3.70%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.09, delivering a surprise of 125%.