{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-014844","form_type":"8-K","ticker":"NTGR","cik":"0001122904","company_name":"NETGEAR, INC.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.996307+00:00","generated_at":"2026-06-16T11:47:29.109696+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NETGEAR Q1 revenue down 14% to $180.9M; guides Q2 revenue $150M-$165M","bullets":["GAAP net loss per diluted share $0.33; non-GAAP loss $0.19; revenue $180.9M.","Q1 GAAP operating loss $12.0M (6.6% of revenue); non-GAAP operating loss $7.1M (3.9%).","Paid subscribers reached 772,000, up 23.1% year-over-year.","Q2 revenue guidance $150M-$165M; GAAP operating margin (13.4)% to (10.4)%.","Management cites channel inventory reduction by largest partners as key headwind."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-014844","json":"https://secwatch.observer/filing/0000950170-23-014844.json","markdown":"https://secwatch.observer/filing/0000950170-23-014844.md","text":"https://secwatch.observer/filing/0000950170-23-014844.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023014844/0000950170-23-014844-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023014844/ntgr-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T11:47:29.109696+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0ac4778fdfe559bdbfd2947147048f1994402611","claim":"NETGEAR, INC. reported first quarter ended April 2, 2023 results: EPS non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior.","evidence_excerpt":"First quarter 2023 net revenue of $180.9 million, a decrease of 14.1% from the comparable prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023014844/0000950170-23-014844-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"EPS","value":"non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0ac4778fdfe559bdbfd2947147048f1994402611","claim":"NETGEAR, INC. reported first quarter ended April 2, 2023 results: EPS non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior.","evidence_excerpt":"First quarter 2023 GAAP net loss per diluted share of $0.33, as compared to net loss per diluted share of $1.95 in the comparable prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023014844/0000950170-23-014844-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"EPS","value":"non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"0ac4778fdfe559bdbfd2947147048f1994402611","claim":"NETGEAR, INC. reported first quarter ended April 2, 2023 results: EPS non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior.","evidence_excerpt":"First quarter 2023 non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023014844/0000950170-23-014844-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"EPS","value":"non-GAAP net loss per diluted share of $0.19, as compared to net loss per diluted share of $0.28 in the comparable prior"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"39c08fa6de7f85ba468d11c3cd58f59ed099d552","claim":"NETGEAR, INC. reported second quarter ending July 2, 2023 results: revenue expected second quarter net revenue to be in the range of $150 million to $165 million. Guidance lowered.","evidence_excerpt":"Accordingly, we expect our second quarter net revenue to be in the range of $150 million to $165 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023014844/0000950170-23-014844-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ending July 2, 2023"},{"label":"Revenue","value":"expected second quarter net revenue to be in the range of $150 million to $165 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}