Netgear, Inc. (NTGR) Tops Q2 EPS by 6c

Netgear, Inc. (NASDAQ: NTGR) reported Q2 EPS of $0.60, $0.06 better than the analyst estimate of $0.54. Revenue for the quarter came in at $330.7 million versus the consensus estimate of $324.65 million.

Company expects third quarter 2017 net revenue to be in the range of $340 million to $355 million, with GAAP operating margin in the range of 6.5% to 7.5% and non-GAAP operating margin in the range of 9.0% to 10.0%. Additionally, the Company expects the GAAP tax rate to be approximately 35.0% and non-GAAP tax rate to be approximately 33.5%.

For earnings history and earnings-related data on Netgear, Inc. (NTGR) click here.

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