0
Broadband

Netgear moves back to black despite slower Q1 revenue growth

Friday 24 April 2015 | 11:40 CET | News
Netgear reported first quarter results, showing revenues down to USD 309.2 million from 349.4 million the year before. The net profit slowed to USD 8.0 million or USD 0.23 per diluted share, from 14.4 million or 0.39 per diluted share the year earlier but was up from the loss of USD 0.16 per share in the fourth quarter. CEO Patrick Lo said revenues were in line with guidance, which was heavily influenced by the company's service provider business restructuring and strengthening of the US dollar, as seen in the decline of EMEA revenues and flattening of APAC revenues. The launch of the

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Netgear
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Netgear Q1 sales inch up to USD 310 mln, doubles net profit

Published 28 Apr 2016 09:25 CET | World
Netgear reported first-quarter net revenue of USD 310.2 million, up 0.4 percent from the year earlier result of USD 309.2 ...

Netgear unveils 1080p cam with free cloud storage

Published 17 Nov 2015 09:05 CET | World
Netgear has announced the launch of a connected camera for indoor use with seven days of free event-related cloud storage. The ...

Netgear Q3 results fall less than expected

Published 23 Oct 2015 10:28 CET | World
Netgear reported a fall in third-quarter revenues to USD 341.9 million from USD 353.3 million a year earlier, and net profit ...

Netgear to focus on Nighthawk line as Q2 revenues slip

Published 24 Jul 2015 10:07 CET | World
Netgear reported results for its second quarter to 28 June, showing revenues falling to USD 288.8 million from 309.2 million the ...

NetGear launches new channel partner programme

Published 02 Jul 2015 09:07 CET | World
NetGear redesigned its channel partner programme to grow partner profitability, increase reseller support, and provide improved ...

Netgear launches cloud-based Wi-Fi management platform

Published 29 Jun 2015 18:27 CET | United States
Netgear has launched Business Central, the company's first secure, cloud-based IT service platform, which is designed to provide ...

Netgear lanceert AC750 draadloze extender voor stopcontact

Published 18 May 2015 16:06 CET | World
Netgear heeft de nieuwe AC750 WiFi Range Extender met extra stopcontact (EX3800) toegevoegd aan zijn WiFi Range Extenders. De ...