secwatch.observer — SEC 8-K summary
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Issuer:     NETGEAR, INC. (NTGR)
CIK:        0001122904
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000950170-24-012200
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETGEAR Q4 revenue $188.7M, at high end of guidance; 877K paid subscribers
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- Q4 net revenue $188.7M, down 24.3% YoY; non-GAAP operating income $2.7M vs loss of $3.9M YoY.
- Non-GAAP EPS $0.09 vs ($0.03) YoY; GAAP net loss per diluted share $0.06 vs ($0.21) YoY.
- Paid subscribers reached 877,000; service revenue $11.0M, up 27.7% YoY.
- Cash and short-term investments grew $55.6M sequentially; premium CHP products rose over 30% YoY.
- Q1 2024 guidance: revenue $155M-$170M; non-GAAP operating margin (8.5)% to (5.5)%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122904/000095017024012200/0000950170-24-012200-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122904/000095017024012200/ntgr-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-012200

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