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Broadband

Netgear lifts profits, margin in Q3

Thursday 27 October 2016 | 10:32 CET | News
Netgear said the net profit for its third quarter to 2 October rose to USD 21.1 million from 15.1 million the year before, with diluted earnings per share higher at USD 0.62 from 0.47 and the operating margin lifting to 8.8 percent from 7.6 percent. Revenues fell slightly to USD 338.5 million from 341.9 million, though higher than expectations.

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Categories: Fixed
Companies: Netgear
Countries: United States
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