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Stock Market & Financial Investment News

News Breaks
February 15, 2013
07:03 EDTNTGRNetgear upgraded to Buy from Neutral at Sterne Agee
Sterne Agee upgraded Netgear due to valuation and potential catalysts from the Gigabit Wi-Fi ramp, 4G LTE gateway opportunity, and a recovery in the storage business. Price target is $41.
News For NTGR From The Last 14 Days
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February 4, 2016
16:13 EDTNTGRNetgear sees Q1 revenue $290M-$305M, consensus $326.37M
CFO Christine Gorjanc said, "Looking forward to the first quarter of 2016, we expect net revenue to be in the range of $290M-$305M. Our revenue outlook reflects seasonality for the Retail Business Unit, particularly for home security cameras, and a lower revenue outlook for the Service Provider Business Unit. Non-GAAP operating margin is expected to be in the range of 9.5% to 10.5%. Our non-GAAP tax rate is expected to be approximately 34% for the first quarter of 2016."
16:12 EDTNTGRNetgear reports Q4 EPS 83c, consensus 66c
Reports Q4 revenue $360.69M, consensus $345.53M.

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