Welcome to our dedicated page for Netgear news (Ticker: NTGR), a resource for investors and traders seeking the latest updates and insights on Netgear stock.
NETGEAR, Inc. (NASDAQ: NTGR) is a U.S.-based manufacturer of intelligent networking technologies for businesses, homes, and service providers, and generates a steady flow of news related to product launches, enterprise initiatives, and financial performance. This news page aggregates coverage of NETGEAR’s announcements so readers can review how the company communicates its strategy and operations over time.
Company press releases highlight developments across enterprise networking, home networking, and mobile connectivity. Recent items include the launch and pre-order availability of the Nighthawk 5G M7 Portable WiFi 7 Hotspot, supported by a NETGEAR mobile app and eSIM marketplace for data plans in more than 140 countries, as well as updates on mobile products designed for travelers and remote workers. NETGEAR also issues news on enterprise-grade security offerings such as the Exium SASE and hybrid firewall platform tailored for small and medium-sized enterprises and managed service providers.
Investors and partners can find announcements about segment performance, investor events, and partner programs. NETGEAR regularly reports quarterly financial results, provides business outlook commentary, and announces investor conference presentations and investor days. The company also publishes updates on initiatives like the NETGEAR Drive Partner Success Program, which is aimed at integrators, MSPs, and value-added resellers serving small and medium enterprises.
By following this news feed, readers can monitor NETGEAR’s communications on new products, security solutions, partner programs, and financial disclosures in one place. The page serves as a convenient reference for anyone tracking NTGR news, from individual investors and analysts to channel partners and technology professionals.
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NETGEAR has launched four new Plus switches with PoE+ and gigabit Ethernet, enhancing network management for small and home-based businesses. The models GS305EP, GS305EPP, GS308EP, and GS308EPP support power over Ethernet for devices like VoIP phones and security cameras. They feature advanced management capabilities, including VLANs and QoS, to optimize network performance. Prices range from $79.99 to $124.99. With silent operation and intuitive user interface, these switches are designed to meet the growing need for reliable and efficient network solutions.
NETGEAR, Inc. (NASDAQ: NTGR) will host a virtual financial analyst day on December 10, 2020, at 11:00 a.m. ET. The executive team will present their vision for the company during this event. The presentation will be available via webcast on NETGEAR’s investor relations website, starting 10 minutes prior to the event. A replay will be accessible shortly after the conclusion of the event. Interested parties can contact NETGEAR Investor Relations at investors@netgear.com.
SAN JOSE, Calif. – NETGEAR (NASDAQ: NTGR) announced the launch of the WAX204 WiFi 6 Access Point, expanding its portfolio of WiFi 6-enabled products. Tailored for small businesses, the WAX204 addresses connectivity issues with cost-effective solutions and does not require complex installations. It offers high-speed performance at up to 1.8Gbps, supports up to 3 separate networks, and features robust security options like WPA3 authentication. Available now at an MSRP of $129.99 in the US, it aims to enhance wireless networking for home offices and small retail locations.
NETGEAR reported robust financial results for Q3 2020, with net revenue reaching $378.1 million, a 42.2% increase year-over-year. GAAP operating income stood at $32.2 million, or 8.5% of net revenue, compared to 4.5% the previous year. Non-GAAP earnings per diluted share were $1.13, up from $0.65. The company added 76,000 subscribers, exceeding its annual goal. Despite strong demand, they are cautious due to potential supply chain disruptions amid ongoing COVID-19 challenges, continuing to suspend Q4 guidance.
NETGEAR (NASDAQ: NTGR) announces the appointment of Sarah Butterfass to its board of directors. Butterfass has held significant roles at leading brands like Groupon and Orbitz, enhancing customer experience and product development. As NETGEAR aims to strengthen its value-added services, her experience in leading product organizations is seen as a strategic advantage. Butterfass's prior roles include serving as Chief Product Officer at FanDuel and Groupon, and her educational background includes an MBA from the Kellogg School of Management.
NETGEAR (NASDAQ: NTGR) has launched the Orbi WiFi 6 Tri-band Mesh System with a built-in DOCSIS 3.1 modem, marking a major innovation in home internet technology. This advanced system combines high-performance WiFi and multigigabit cable internet, designed for modern households with multiple smart devices. Highlights include reduced latency for 4K/8K streaming, improved gaming experience, and better video conferencing. Available now for $599.99, this product promises savings on equipment rental fees and ensures seamless connectivity for work and online learning.