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Netgear Inc - NTGR STOCK NEWS

Welcome to our dedicated news page for Netgear (Ticker: NTGR), a resource for investors and traders seeking the latest updates and insights on Netgear.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Netgear's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Netgear's position in the market.

News
NETGEAR Expands Growing List of AV Technology Partners
Rhea-AI Summary
NETGEAR announces interoperability between Intel's Media Transport Library and E800 series NICs with M4350 AV switches, showcasing AV-over-IP solutions at NAB trade show. The partnership aims to simplify network configurations for broadcast and Pro AV industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.61%
Tags
none
-
News
NETGEAR Schedules First Quarter 2024 Results Conference Call
Rhea-AI Summary
NETGEAR, Inc. (NTGR) has scheduled a conference call to discuss its first quarter 2024 results and second quarter 2024 business outlook on May 1, 2024. Investors and analysts can join the call to learn more about the company's performance and future plans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.72%
Tags
earnings
-
News
NETGEAR Unveils the Ultimate Tri-band WiFi 7 Access Point WBE750 for Heavily Connected Businesses
Rhea-AI Summary
NETGEAR® Inc. launches the WBE750 Insight Manageable Tri-band WiFi 7 Access Point, offering businesses supercharged performance with up to 18.4Gbps total WiFi throughput and support for up to 600 concurrent devices. The device aims to address network congestion in workplaces with multiple connected devices, providing real-time responsiveness, low latency, and increased capacity. NETGEAR's latest offering is designed to meet the demands of businesses heavily relying on wireless internet, offering enterprise-level security, easy management, and futureproofing capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.45%
Tags
none
News
NETGEAR Unveils Next Generation of Connectivity with the Nighthawk DOCSIS 3.1 High-Speed Internet Cable Modem
Rhea-AI Summary
NETGEAR, Inc. announces the launch of the Nighthawk CM3000 cable modem, designed with mid/high-split technology to deliver blazing fast internet speeds of up to 2.5Gbps download and 1Gbps upload. The modem addresses the increasing demand for upstream bandwidth with speeds 2.5 times faster than its predecessor, catering to activities like video conferencing, gaming, and smart home surveillance. Compatible with major U.S. cable service providers, the CM3000 is future-proofed for evolving high-split needs. Priced at $299.99, it offers significant cost savings compared to renting modems from ISPs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
none
-
News
NETGEAR® Announces Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
Rhea-AI Summary
NETGEAR, Inc. announced the grant of inducement equity awards to newly-hired CEO, Charles (CJ) Prober. The awards include time-based and performance-based restricted stock units, totaling 911,640 shares of common stock. These awards are subject to vesting conditions based on Mr. Prober's continued service and company performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
Tags
none
-
News
NETGEAR and Panasonic Enter Interoperability Partnership for SMPTE ST 2110 Testing and Compatibility
Rhea-AI Summary
NETGEAR, Inc. partners with Panasonic Connect for interoperability on the KAIROS IT/IP Platform for live production, enhancing AV-over-IP solutions. The M4350 series switches offer ST 2110 capabilities and a user-friendly AV OS™ for simplified switch configurations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.92%
Tags
partnership
News
NETGEAR® Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
NETGEAR, Inc. reported Q4 net revenue of $188.7 million, at the high end of guidance, with 877,000 paid subscribers and Q4 service revenue growth of 27.7% year over year. Cash and short-term investments increased $55.6 million sequentially. However, net revenue decreased by 24.3% from the prior year, resulting in a GAAP operating loss of $2.9 million. Despite these challenges, the company's CFO highlighted the strong market reception of their leading WiFi 7 products, stabilization of their SMB business, and disciplined expense management. The company also exceeded its paid subscriber target for the year, ending the fourth quarter with 877,000 paid subscribers and service revenue of over $11 million in Q4. NETGEAR expects a seasonal decline in the retail portion of its CHP business and first quarter net revenue to be in the range of $155 million to $170 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.82%
Tags
earnings
-
News
NETGEAR Appoints Technology Leader Charles (CJ) Prober as New CEO
Rhea-AI Summary
NETGEAR, Inc. announced the retirement of CEO and Chairman Patrick C.S. Lo and the appointment of Charles (CJ) Prober as the new CEO. Lo will remain as a strategic advisor until July 2024. Prober, a senior technology executive, is joining the company's Board of Directors. Prober's extensive experience in driving growth and innovation in consumer electronics and technology brands makes him a suitable leader for NETGEAR's future success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
management
-
News
NETGEAR® Provides Preliminary Fourth Quarter Financial Results
Rhea-AI Summary
NETGEAR, Inc. reported preliminary financial results for Q4 2023, expecting net revenue between $179M and $189M, GAAP operating margin between (3.0)% and (1.5)%, and non-GAAP operating margin between 0% and 1.5%. The company experienced strong demand for its premium CHP product portfolio, particularly the Orbi WiFi 7 launch, but faced challenges in its SMB business due to the uncertain macro environment. The full results will be announced on February 7, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
earnings
News
NETGEAR Schedules Fourth Quarter and Full Year 2023 Results Conference Call
Rhea-AI Summary
NETGEAR, Inc. (NTGR) will hold a conference call to discuss its fourth quarter and full year 2023 results and first quarter 2024 business outlook on February 7, 2024. The company's news release will be disseminated after the market closes, and a live webcast of the call will be available on NETGEAR’s Investor Relations website. Investors and analysts can join the call to gain insights into the company's performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
earnings
Stock NTGR logo
Netgear Inc

Nasdaq:NTGR

NTGR Rankings

#3104 Ranked by Market Cap
#4082 Ranked by Stock Gains
N/A Ranked by Dividends

NTGR Stock Data

435.43M
28.75M
4.7%
85.63%
2.18%
Telephone Apparatus Manufacturing
Manufacturing
Link
US
San Jose

About NTGR

at netgear, we turn ideas into innovative networking products that connect people, power businesses, and advance the way we live. easy to use. powerful. smart. and designed just for you. for home netgear makes it easy for you to have the smartest home in the neighborhood, with the latest, fastest networking technology products. from the most advanced wireless internet connectivity, to superior streaming, remote home video monitoring, and storage solutions, your home networking system will have the speed, range and performance you need, every time you need it. at netgear, we focus on all things connected, with the goal of making your online experience seamless so you can sit back, relax and do more. for business in business, confidence is everything. when it comes to your network, it’s even more important. whether you’re a small business with big dreams or a mid-size business ready to take the next step, you need to share access and ideas safely, connect remote locations securely and gi