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0 -0.0519778841175019 -0.153799907560893 -0.146849598793426 -0.0443325444732882 -0.0672685634059293 -0.0217440409790204 -0.0617083163919557
Stock impact report

NETGEAR® Reports Fourth Quarter and Full Year 2024 Results

NETGEAR, Inc. (NTGR) 
Last netgear, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.netgear.com
Company Research Source: Business Wire
Q4 net revenue of $182.4 million, and operating margin above the high end of guidanceQ4 annual recurring revenue of almost $35 million, growing 25% year over yearQ4 free cash flow of $19.0 million - sixth consecutive quarter of cash generationQ1 2025 restructuring implemented from position of strength to fund 2025 investment opportunitiesAdded $125 million in cash and repurchased more than $33 million of stock in 2024 SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global leader in intelligent networking solutions for businesses, homes, and service providers, today reported financial results for the fourth quarter and full year ended December 31, 2024.Q4 2024Net revenue of $182.4 million, down 3.3% from Q4 prior yearGAAP gross margin of 32.6%, down from 34.8% in Q4 prior yearNon-GAAP gross margin of 32.8%, down from 35.0% in Q4 prior yearGAAP operating income of $(15.1) million compared to $(2.9) million from Q4 prior yearNon-GAAP operating income of $(4.2) milli Show less Read more
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