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Netgear triples operating profit in Q4 as revenues soar 45%

Thursday 4 February 2021 | 09:21 CET | News
Netgear reported a strong finish to 2020, as demand for home working equipment drove sales 45 percent higher on an annual basis to USD 367 million. Adjusted operating profit more than tripled, to USD 40 million or a 11 percent margin, and the net result moved to a profit of USD 0.99 per share from a loss of USD 0.01 a year ago.

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Categories: Fixed
Companies: Netgear
Countries: World
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