{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-055191","form_type":"8-K","ticker":"NTGR","cik":"0001122904","company_name":"NETGEAR, INC.","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.282738+00:00","generated_at":"2026-06-09T09:51:20.901389+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"NETGEAR Q3 revenue $197.8M beats high end; GAAP EPS -$2.87, non-GAAP $0.23; subs up 27%","bullets":["Q3 net revenue $197.8M, down 20.7% YoY but above high end of guidance.","GAAP net loss per diluted share $2.87; non-GAAP EPS $0.23 vs $0.21 YoY.","Paid subscribers 844,000, up 26.7% YoY; service revenue grew 25% YoY.","Q4 guidance: revenue $175M-$190M; non-GAAP op margin -2.0% to 1.0%.","Inventory reduction generating cash; WiFi 7 Orbi 97x and Nighthawk RS700 launched."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-055191","json":"https://secwatch.observer/filing/0000950170-23-055191.json","markdown":"https://secwatch.observer/filing/0000950170-23-055191.md","text":"https://secwatch.observer/filing/0000950170-23-055191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023055191/0000950170-23-055191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023055191/ntgr-20231025.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:51:20.901389+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":"59cf0b479640d4eba230555f13bee88b67ffff76","claim":"NETGEAR, INC. reported third quarter ended October 1, 2023 results: revenue $197.8 million, EPS $2.87. Guidance lowered.","evidence_excerpt":"NETGEAR ® REPORTS THIRD QUARTER 2023 RESULTS Q3 net revenue of $197.8 million, above the high end of guidance Q3 GAAP gross margin of 34.8%; non-GAAP gross margin of 35.0% Q3 GAAP operating margin of (0.3)%; non-GAAP operating margin of 2.7%, above the high end of guidance 844,000 paid subscribers for 26.7% growth year over year SAN JOSE, California – October 25, 2023 - NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the third quarter ended October 1, 2023. • Third quarter 2023 net revenue of $197.8 million, a decrease of 20.7% from the comparable prior-year quarter. • Third quarter 2023 GAAP operating loss of $0.6 million, or (0.3)% of net revenue, as compared to operating loss of $2.2 million, or (0.9)% of net revenue, in the comparable prior-year quarter. ◦ Third quarter 2023 non-GAAP operating income of $5.3 million, or 2.7% of net revenue,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1122904/000095017023055191/0000950170-23-055191-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended October 1, 2023"},{"label":"Revenue","value":"$197.8 million"},{"label":"EPS","value":"$2.87"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}