earnings
confidence high
sentiment negative
materiality 0.75
NETGEAR Q4 rev $251.2M (-31.6% YoY); GAAP EPS -$0.03; Q1 guide $225-240M
NETGEAR, INC.
2021-FY EPS reported
$1.59
revenue$1,168,073,000
- Q4 GAAP net loss per diluted share $0.03 vs income $0.99 YoY; non-GAAP EPS $0.27 vs $0.99.
- SMB segment grew 8.6% YoY in Q4 and 27% for full year; CHP faced channel inventory optimization.
- Paid subscribers reached 584k (+33.6% YoY); targeting 750k by end of 2022.
- Q1 2022 revenue guidance $225-240M; non-GAAP operating margin 1.0%-2.0%.
- Repurchased ~539k shares for $17.5M in Q4; cites supply chain and logistics headwinds.