0
Broadband

Netgear to focus on Nighthawk line as Q2 revenues slip

Friday 24 July 2015 | 10:07 CET | News
Netgear reported results for its second quarter to 28 June, showing revenues falling to USD 288.8 million from 309.2 million the year before. The net profit halved to USD 3.7 million or USD 0.11 per diluted share from 8.0 million or 0.23 per diluted share. The operator margin was down to 3.9 percent from 5.7 percent. CEO Patrick Lo said the company recorded sequential growth at its Retail Business Unit, despite the seasonally down quarter, with the unit's performance driven by the Arlo smart home security camera and the company's line of Nighthawk routers and gateways. Growth in the two

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 launches 28-port 10-Gigabit smart managed switch

Published 01 Sep 2015 09:22 CET | World
Networking company Netgear introduced the ProSafe 28-port 10-Gigabit Smart Managed Switch (XS728T). The new ProSafe XS728T is the ...

Boost Mobile launches Netgear Fuse mobile hotspot

Published 15 Jul 2015 09:19 CET | United States
Boost Mobile launched Netgear Fuse mobile hotspot combined with no-contract Wi-Fi Hotspot plans starting at USD 25 a month for ...

Netgear launches new AC1750 smart WiFi router

Published 14 Jul 2015 10:11 CET | World
Netgear expanded its portfolio of smart routers with the Netgear AC1750 Smart WiFi Router (R6400). A new design that includes ...

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 launches AC1900 WiFi cable modem router

Published 23 Jun 2015 10:15 CET | United States
NetGear, a networking company that delivers innovative products to consumers, businesses and service providers, is introducing a ...

Netgear introduces VDSL2 router with dual-band Wi-Fi

Published 16 Jun 2015 09:20 CET | World
Netgear has expanded its family of VDSL modem routers with the Nighthawk AC1900 WiFi VDSL/ADSL Modem Router (D7000) with ...

Netgear moves back to black despite slower Q1 revenue growth

Published 24 Apr 2015 11:40 CET | World
Netgear reported first quarter results, showing revenues down to USD 309.2 million from 349.4 million the year before. The net ...





Calendar   /   Industry Events

17 Jul Fiber Optic Expo
19 Jul DNA Q2 2019
22 Jul Logitech fiscal Q1
22 Jul NOS Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul Megacable Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Vodafone AGM
24 Jul Mellanox Technologies Q2 2019
24 Jul Netgear Q2 2019
24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul Technicolor H1 results
25 Jul Comcast Q2 2019
25 Jul Juniper Networks Q2 2019
25 Jul Orange Q2 2019
25 Jul STMicroelectronics Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Amazon Q2 2019
25 Jul Smith Micro Q2 2019
::: More Calendar Items