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Netgear Inc - NTGR STOCK NEWS

Welcome to our dedicated page for Netgear news (Ticker: NTGR), a resource for investors and traders seeking the latest updates and insights on Netgear stock.

Netgear Inc (NTGR) delivers innovative networking solutions for connected homes and business environments. This hub provides investors and technology stakeholders with essential updates on corporate developments, product innovations, and strategic initiatives.

Access official press releases and curated news covering earnings announcements, technology partnerships, and product launches. Track developments in Wi-Fi infrastructure, 5G mobile solutions, and business networking systems through verified sources.

Our repository maintains current information on Netgear's market position, including advancements in smart home ecosystems and enterprise-grade security solutions. Discover updates about Pro AV implementations and remote management technologies shaping modern connectivity landscapes.

Bookmark this page for streamlined access to NTGR's financial communications and technology milestones. Return regularly to monitor how Netgear continues advancing network performance for residential and commercial users worldwide.

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NETGEAR (NASDAQ: NTGR) has successfully renewed its Customs-Trade Partnership Against Terrorism (CTPAT) certification from the U.S. Department of Homeland Security's Customs and Border Protection. This marks over 18 years of continuous certification, granted to less than 5% of importers.

The revalidation process involved a comprehensive inspection of NETGEAR's supply chain network and security protocols. As a CTPAT member, NETGEAR is considered a low-risk importer, resulting in fewer examinations and delays at U.S. ports of entry, enabling more efficient operations and timely product delivery.

Senior Vice President of Operations Ray Ernenwein emphasized that this achievement demonstrates NETGEAR's strong security foundation and commitment to maintaining secure processes while ensuring smooth product flow.

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NETGEAR (NASDAQ: NTGR) has announced its upcoming First Quarter 2025 earnings conference call, scheduled for Wednesday, April 30, 2025, at 5:00 p.m. ET (2:00 p.m. PT). The company, which specializes in intelligent networking solutions, will release its Q1 2025 financial results after market close on the same day.

Investors and analysts can participate through:

  • Toll-free number (US): (888) 660-6392
  • International dial-in: (929) 203-0899
  • Conference ID: 1030183

The call will include discussions on Q1 2025 results and Q2 2025 business outlook. A live webcast and replay will be available on NETGEAR's Investor Relations website at https://investor.netgear.com.

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NETGEAR (NASDAQ: NTGR) has announced its membership in the DPP, a leading international media and technology association. This strategic move reinforces NETGEAR's position in broadcast and networking technology, particularly in advancing AV over IP solutions.

The company highlights its NETGEAR AV OS™ with certified profiles for broadcast and pro AV protocols, complemented by free direct access to engineering support. NETGEAR's ST2110-capable switches demonstrate their commitment to evolving industry standards.

With a network of nearly 400 certified AV manufacturers, NETGEAR will join DPP's community of over 500 digital production ecosystem leaders. This collaboration aims to develop next-generation broadcast and digital production networks, particularly as traditional enterprise switch manufacturers shift focus to emerging IT trends like AI.

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NETGEAR (NTGR) reported Q4 2024 financial results with net revenue of $182.4 million, down 3.3% year-over-year, and operating margin above guidance. The company achieved $35 million in annual recurring revenue, growing 25% year-over-year, and generated $19.0 million in free cash flow, marking the sixth consecutive quarter of cash generation.

For full-year 2024, net revenue was $673.8 million, down 9.1% from prior year. The company ended the year with $408.7 million in cash, up $125.0 million from prior year, and repurchased over $33 million of stock. NETGEAR implemented Q1 2025 restructuring to save over $20 million in annual operating expenses, which will be reinvested in growth opportunities.

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NETGEAR (NASDAQ: NTGR) has announced its upcoming fourth quarter and full year 2024 financial results conference call, scheduled for Wednesday, February 5, 2025, at 5:00 p.m. ET (2:00 p.m. PT). The company will release its earnings report after market close on the same day.

The conference call will be accessible to investors and analysts through a toll-free number (888) 660-6392 for domestic calls and (929) 203-0899 for international participants, using conference ID 1030183. Additionally, a live webcast will be available on NETGEAR's Investor Relations website, with a replay accessible afterward at https://investor.netgear.com.

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NETGEAR (NASDAQ: NTGR) has announced the next generation of NETGEAR Armor, a comprehensive cybersecurity service powered by Bitdefender. The enhanced service, available on Orbi mesh systems and Nighthawk routers, offers protection for IoT and mobile devices both on home networks and on the go.

According to the 2024 IoT Security Landscape Report, home network devices face an average of 10 attacks every 24 hours. The service includes automatic device scanning, vulnerability detection, and threat monitoring. A new tier, Armor Plus, has been introduced at $149.99 per year, offering unlimited VPN for up to 50 devices, along with Adblocking and Anti-tracking features.

The standard Armor subscription remains at $99.99 annually and now includes extended warranty and 24/7 priority tech support. The service has been recognized by AV Comparatives as a leader in router security, particularly for protection against denial of service and brute force attacks.

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NETGEAR has announced the launch of the Orbi 870 Series Mesh System, the latest addition to its WiFi 7 home networking portfolio. The Orbi 870 is designed to deliver high-performance mesh networking, ensuring exceptional speeds, reduced latency, and ample capacity for up to 150 connected devices. It supports activities such as streaming ultra-high-definition content, remote work, and online gaming.

The Orbi 870 joins the existing Orbi 770 and Orbi 970 series, offering users options based on their specific needs. The Orbi 870 features WiFi 7 Tri-Band technology with combined speeds of up to 21 Gbps, coverage up to 9,000 sq. ft., and multiple multi-gig Ethernet ports. It also includes NETGEAR's Advanced Router Protection for enhanced security.

The Orbi 870 series is available in black or white and can be purchased on NETGEAR.com and other major retailers. Pricing starts at $999.99 for a 2-pack (Router and 1 Satellite) and $1299.99 for a 3-pack (Router and 2 Satellites).

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NETGEAR (NASDAQ: NTGR) has announced its participation in the upcoming Raymond James 2024 TMT and Consumer Conference. CEO CJ Prober and CFO Bryan Murray will present at the event, scheduled for Tuesday, December 10, 2024, at 3:00 p.m. ET. The presentation will take place at The Lotte New York Palace in New York.

The event will be accessible via webcast through NETGEAR's IR website, with a replay available shortly after the presentation concludes.

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NETGEAR has launched Engage 2.0, a free software upgrade for managing audiovisual (AV) networks. The platform streamlines the management of Ethernet switches, routers, and WiFi access points in commercial, broadcast, and residential installations. Key features include unified wired and wireless management, auto-discovery capabilities, zero configuration setup, and fast roaming support. The software enables wireless control of AV endpoints across VLANs, creation of temporary WiFi guest networks, and seamless integration of AV systems with home WiFi networks. It supports NETGEAR AV M4250, M4300, M4350, and M4500 series switches, one PR460X Pro Router, and up to 10 WBE758/WBE718 WiFi 7 access points per site.

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NETGEAR reported Q3 2024 net revenue of $182.9 million, exceeding guidance despite a 7.6% decrease year-over-year. The company achieved GAAP operating income of $95.8 million (52.4% of revenue) and non-GAAP operating income of $1.6 million (0.9% of revenue). Notable achievements include the fifth consecutive quarter of free cash flow generation and a $101.4 million increase in cash position to $395.7 million. The ProAV business reached record end-user sales, and inventory declined by $27.0 million. For Q4 2024, NETGEAR projects revenue between $160-175 million with expected margin pressure due to inventory reduction efforts and increased promotional activities.

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647.53M
27.19M
6.91%
93.28%
4.1%
Communication Equipment
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