David J. Henry
David J. Henry, President and General Manager of Connected Home Products and Services of NETGEAR, Inc. (the “Company”), separated from employment with the Company on December 31, 2024
Highest-materiality recent filing
NETGEAR Q2 revenue $168.6M, down 1.2% YoY; non-GAAP EPS $0.16 beats; Enterprise grows 7.7%
Q2 net revenue $168.6M (-1.2% YoY); GAAP EPS -$0.27, non-GAAP EPS $0.16 (vs $0.06 YoY).
NETGEAR Q1 beats operating margin guidance; record gross margins
Net revenue $158.8M, down 2% YoY; GAAP gross margin 40.5% (up 570 bps), non-GAAP 41.7% (up 670 bps).
Conditional approval per FCC's March 2026 Covered List regulations allows NETGEAR to launch new routers and update software indefinitely.
NETGEAR Q4 revenue flat at $182.5M; non-GAAP EPS $0.26 vs -$0.06 YoY; Enterprise up 10.6%
Q4 net revenue $182.5M flat YoY; GAAP gross margin 40.4% (up 780bps); record quarterly non-GAAP gross margin 41.2%.
NETGEAR Q3 revenue $184.6M, above high end of guidance; non-GAAP EPS $0.12
Revenue $184.6M (+0.9% YoY); GAAP gross margin 39.1% (record high, +820 bps).
NETGEAR Q2 revenue $170.5M (+18.5% YoY); non-GAAP EPS $0.06; Q3 guidance $165-180M
GAAP gross margin 37.5% up 1,540 bps YoY; non-GAAP gross margin 37.8%.
NETGEAR Q1 revenue beats guidance; non-GAAP EPS positive; NFB up 15.4% YoY
Q1 net revenue $162.1M (down 1.5% YoY) above high end of guidance; non-GAAP EPS $0.02 vs -$0.28 YoY.
NETGEAR Q4 2024 revenue $182.4M, down 3.3% YoY; GAAP EPS -$0.31, non-GAAP -$0.06
Q4 net revenue $182.4M (-3.3% YoY); GAAP operating loss $15.1M vs loss $2.9M a year ago.
NETGEAR Q3 revenue $182.9M beats guidance; non-GAAP EPS $0.17; President Henry to depart Dec 31
Q3 net revenue $182.9M, above high end of guidance; down 7.6% YoY.
Netgear settles with TP-Link for $135M, raises Q3 revenue guidance to $170-180M
Received $135M payment from TP-Link settlement; all pending patent disputes dismissed.
NETGEAR announces departure of Chief Revenue Officer Michael Werdann
Michael Werdann, CRO, will leave NETGEAR effective September 27, 2024.
NETGEAR Q2 net revenue $143.9M, GAAP EPS loss $1.56; guided Q3 rev $160-175M
GAAP operating loss $46.9M (32.6% of rev) vs loss $17.8M (10.3%) YoY; non-GAAP loss $31.1M.
ITC judge rules TP-Link infringed NETGEAR patents; recommends import ban
ALJ found TP-Link violated Section 337 by infringing NETGEAR patents 7,936,714 and 10,681,698.
NETGEAR posts Q1 loss of $0.63/diluted share; Q2 revenue forecast $125-140M
Q1 net revenue $164.6M, down 9% YoY; GAAP operating loss $21.6M (13.2% of revenue).
NETGEAR Q4 revenue $188.7M, at high end of guidance; 877K paid subscribers
Q4 net revenue $188.7M, down 24.3% YoY; non-GAAP operating income $2.7M vs loss of $3.9M YoY.
NETGEAR CEO Patrick Lo retires, CJ Prober named CEO; Q4 rev seen $179-$189M
CEO Patrick Lo retires; Charles (CJ) Prober appointed CEO and board member effective Jan 31, 2024.
NETGEAR Q3 revenue $197.8M beats high end; GAAP EPS -$2.87, non-GAAP $0.23; subs up 27%
Q3 net revenue $197.8M, down 20.7% YoY but above high end of guidance.
NETGEAR Q2 revenue $173.4M, down 22.3% YoY; guides Q3 rev $175-190M
Q2 revenue $173.4M, above high end of guidance, but down 22.3% from prior-year quarter.
NETGEAR Q1 revenue down 14% to $180.9M; guides Q2 revenue $150M-$165M
GAAP net loss per diluted share $0.33; non-GAAP loss $0.19; revenue $180.9M.
Netgear Q4 revenue down 0.8% YoY, operating loss widens; SMB segment grows 29.9%
Q4 net revenue $249.1M, down 0.8% YoY; full year $932.5M, down 20.2%.
NETGEAR Q3 revenue down 14% YoY to $249.6M; GAAP operating loss; guides Q4 $235-250M
Q3 net revenue $249.6M, down 14% YoY; GAAP EPS $0.10 vs $0.31; non-GAAP EPS $0.21 vs $0.50.
NETGEAR Q2 revenue falls 27.7% to $223.2M; GAAP EPS -$0.30 vs +$0.57 YoY
SMB segment delivered record revenue with 20% YoY growth; service provider channel sales also strong.
NETGEAR Q1 revenue drops 33.8% to $210.6M, GAAP EPS -$1.95, non-GAAP -$0.28
Revenue $210.6M, down 33.8% YoY; GAAP operating loss $58.5M including $44.4M impairment.
NETGEAR pre-announces Q1 revenue $202-$212M, below guidance; expects negative operating margins
Preliminary Q1 net revenue $202M-$212M vs prior guidance of $225M-$240M.
NETGEAR Q4 rev $251.2M (-31.6% YoY); GAAP EPS -$0.03; Q1 guide $225-240M
Q4 GAAP net loss per diluted share $0.03 vs income $0.99 YoY; non-GAAP EPS $0.27 vs $0.99.
NETGEAR Q3 revenue $290.2M (-23.3% YoY); guides Q4 $250-265M with margin contraction
Q3 net revenue $290.2M, down 23.3% YoY; GAAP EPS $0.31, non-GAAP EPS $0.50.
NETGEAR Q2 revenue $309M (+10% YoY), EPS $0.57; appoints David Henry as President & Board member
Q2 net revenue $308.8M (+10.3% YoY); GAAP EPS $0.57 (vs $0.20), non-GAAP EPS $0.66 (vs $0.54).
David J. Henry, President and General Manager of Connected Home Products and Services of NETGEAR, Inc. (the “Company”), separated from employment with the Company on December 31, 2024
On October 24, 2024, it was determined that David J. Henry, President and General Manager of Connected Home Products and Services, will depart from NETGEAR on December 31, 2024.
On August 12, 2024, NETGEAR, Inc. ("NETGEAR") announced that Michael Werdann, Chief Revenue Officer, will depart from NETGEAR effective as of September 27, 2024.
On July 16, 2024, the Board of Directors (the "Board") of NETGEAR, Inc. ("NETGEAR") elected Laura Orvidas to serve as a member of the Board, effective immediately.
On March 21, 2024, Barbara V. Scherer informed the Board of Directors (the “Board”) of NETGEAR, Inc. (the “Company”) of her decision not to stand for re-election to the Board at the 2024 Annual Meeting of Stockholders (the “Annual Meeting”).
On July 21, 2021, NETGEAR, Inc. (the “Company”) filed a Form 8-K under Item 5.02 pursuant to which it announced that Gregory J. Rossmann tendered his resignation to the Board of Directors (the “Board”) of the Company, such resignation to become effective on December 31, 2021.
On August 19, 2021, the Board of Directors (the "Board") of NETGEAR, Inc. ("NETGEAR") elected Shravan Goli to serve as a member of the Board, effective immediately.
On July 16, 2021, the Board appointed David J. Henry the Company’s President and General Manager of Connected Home Products and Services, and as a member of the Board, effective immediately.
On July 16, 2021, Gregory J. Rossmann tendered his resignation to the Board of Directors (the “Board”) of the Company, such resignation to become effective on December 31, 2021.
On July 16, 2021, the Board appointed David J. Henry the Company’s President and General Manager of Connected Home Products and Services, and as a member of the Board, effective immediately.
Max materiality 0.85 · Median 0.70 · Most common event earnings