NETGEAR® Reports Second Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St futures muted as investors monitor US-Iran negotiations
- Oil falls after US-Iran talks signal easing supply risks
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- China makes small dent in deflation battle as supply-demand imbalance persists
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
NETGEAR (NTGR) PT Lowered to $43 at BWS Financial
July 22, 2021 8:54 AM EDTBWS Financial analyst Hamed Khorsand lowered the price target on NETGEAR (NASDAQ: NTGR) to $43.00 (from $54.00) while maintaining a Buy rating.
The analyst commented, "It seems NTGR's channel partners were expecting a strong finish to the quarter and stocked too much... More
Netgear, Inc. (NTGR) Misses Q2 EPS by 5c, Revenues Beat
July 21, 2021 4:08 PM EDTNetgear, Inc. (NASDAQ: NTGR) reported Q2 EPS of $0.66, $0.05 worse than the analyst estimate of $0.71. Revenue for the quarter came in at $390 million versus the consensus estimate of $314.84 million.
Patrick Lo, Chairman and Chief Executive Officer of NETGEAR, commented, Second quarter revenue came in at $308.8 million, representing 10.3% topline growth year over year. Worldwide supply chain constraints, however, such as component shortages, increased freight costs and transit times, and factory closures due to COVID-19, led to a perfect storm of factors that held back our revenue number and saw us fall short of our... More
