secwatch.observer — SEC 8-K summary
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Issuer:     NETGEAR, INC. (NTGR)
CIK:        0001122904
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000950170-24-119012
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NETGEAR Q3 revenue $182.9M beats guidance; non-GAAP EPS $0.17; President Henry to depart Dec 31
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- Q3 net revenue $182.9M, above high end of guidance; down 7.6% YoY.
- GAAP operating income $95.8M vs loss $0.6M prior year; non-GAAP op income $1.6M.
- Non-GAAP EPS $0.17 vs $0.23 YoY; cash $395.7M, up $101.4M sequentially.
- Q4 guidance: revenue $160-175M, non-GAAP op margin (8.0)% to (5.0)%.
- President David J. Henry to depart on Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122904/000095017024119012/0000950170-24-119012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122904/000095017024119012/ntgr-20241024.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119012

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