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Netgear posts Q4 loss on revenues down 12.5%, sees further decline in Q1

Thursday 6 February 2020 | 10:33 CET | News
Netgear reported small operating and net losses for the fourth quarter, missing its guidance for the period. Revenues were down 12.5 percent to USD 253 million in line with its forecast, and the company forecast a further drop in Q1 as it clears inventory and awaits new 5G orders from service providers. 

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Categories: Fixed
Companies: Arlo / Netgear
Countries: World
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