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Broadband

Netgear revenues fall 10% in Q2, sees better Q3

Thursday 25 July 2019 | 10:20 CET | News
Netgear reported second-quarter revenues down 9.6 percent to USD 230.9 million. The operating result moved to a small profit of USD 0.3 million, or 0.1 percent of revenue. The results were in line with or slightly better than its guidance. The company forecast a stronger third quarter, as it expands its Wi-Fi 6 product range and focuses more on paid services. 

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Categories: Fixed
Companies: Netgear
Countries: World
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