secwatch.observer — SEC 8-K summary
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Issuer:     NETGEAR, INC. (NTGR)
CIK:        0001122904
Form:       8-K
Filed at:   2023-07-26T23:59:59+00:00
Accession:  0000950170-23-034722
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETGEAR Q2 revenue $173.4M, down 22.3% YoY; guides Q3 rev $175-190M
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- Q2 revenue $173.4M, above high end of guidance, but down 22.3% from prior-year quarter.
- GAAP operating loss $17.8M (10.3% of revenue); non-GAAP operating loss $10.7M (6.2% of revenue).
- GAAP net loss $0.29/diluted share; non-GAAP net loss $0.16/diluted share.
- Paid subscribers 804,000, up 22.9% YoY; on track for 875,000 by year end.
- Q3 guidance: revenue $175-190M; GAAP op margin -7% to -4%; non-GAAP -4% to -1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122904/000095017023034722/0000950170-23-034722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122904/000095017023034722/ntgr-20230726.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-034722

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer