earnings
confidence high
sentiment positive
materiality 0.75
NETGEAR Q1 revenue beats guidance; non-GAAP EPS positive; NFB up 15.4% YoY
NETGEAR, INC.
2025-Q1 EPS reported
-$0.21
revenue$162,060,000
- Q1 net revenue $162.1M (down 1.5% YoY) above high end of guidance; non-GAAP EPS $0.02 vs -$0.28 YoY.
- GAAP gross margin 34.8% (+550 bps YoY); NFB segment contribution margin 22.3% (+790 bps YoY).
- Restructuring completed with >$20M annual savings; acquired VAAG Systems for software dev center in Chennai.
- Q2 guidance: revenue $155-170M; non-GAAP operating margin (6.5%)-(3.5%); vast majority of products tariff-exempt.
- Cash and short-term investments $392M; repurchased $7.5M of stock; DSO at 7-year low of 78 days.