Netgear (NTGR) Stock News

NETGEAR (NASDAQ: NTGR) has unveiled the WAX610W, its most compact wall-mount WiFi 6 access point, specifically designed for hospitality environments, multi-dwelling units (MDUs), and educational settings. The device delivers up to 1.8 Gbps of total throughput across dual bands and features one Gigabit PoE-In port plus four Gigabit LAN ports.

The WAX610W offers enterprise-grade security, seamless roaming, and cloud management through NETGEAR Insight. It supports multiple WiFi standards (WiFi 4, 5, 6E, and 7) and includes features like 8 separate wireless networks, VLAN support, and mesh backhaul capabilities. The device is currently available through NETGEAR's authorized partners and comes with a 5-year warranty.

NETGEAR (Nasdaq: NTGR) has announced significant inducement equity grants to new employees, including those from its recent Exium, Inc. acquisition. The company granted 60,141 time-based restricted stock units (RSUs) to new employees unrelated to the Exium acquisition.

For Exium-related grants, Farooq Khan, former Exium CEO and now NETGEAR's VP of Software Security, received 33,333 RSUs and performance-based RSUs (PSUs) with a target of 33,333 shares. Other Exium team members received 31,110 RSUs and PSUs with a target of 15,557 shares. The PSUs are tied to performance metrics through 2027, with up to 195% potential vesting for highest achievement levels.

NETGEAR (NASDAQ: NTGR) reported strong Q2 2025 financial results, with revenue of $170.5 million, up 18.5% year-over-year. The company achieved record-high gross margins of 37.5% GAAP and 37.8% non-GAAP, up 1,540 basis points from Q2 prior year. NETGEAR posted a non-GAAP EPS of $0.06 compared to $(0.74) in Q2 2024.

The company's three business segments showed significant improvements: NETGEAR For Business (NFB) revenue grew 38% to $82.6 million, Home Networking revenue increased 13.1% to $67.5 million, while Mobile segment revenue declined 16.1% to $20.4 million. Notable developments include the completion of the Exium acquisition to enhance security offerings and the launch of their most affordable WiFi 7 mesh system.

For Q3 2025, NETGEAR expects revenue between $165-180 million with non-GAAP operating margin of (5.5)% to (2.5)%.

NETGEAR (NASDAQ: NTGR) has launched its most affordable WiFi 7 mesh system, the Orbi 370 Series. The new system delivers speeds up to 5Gbps and features Multi-Link Operation (MLO) technology, combining 2.4GHz and 5GHz bands for enhanced performance.

The system includes built-in security features and 2.5Gbps Ethernet ports on both router and satellites. Pricing starts at $249.99 for a router and one satellite, with a three-pack available for $349.99. Additional satellites can be purchased for $149.99.

The Orbi 370 comes with standard security features at no monthly cost, plus optional premium services including NETGEAR Armor™ and Smart Parental Controls™ with 30-day free trials.

NETGEAR (NASDAQ: NTGR) has announced a significant expansion of its B2B strategy with two major initiatives. The company has appointed Massimo Mazzeo Ocello as VP of Global Systems Engineering, Customer Support and Services, and launched its first professional services offering focused on commercial AV customers.

Mazzeo, who joined NETGEAR in April 2025 from RUCKUS/Commscope, brings over 20 years of international leadership experience in systems engineering and technical solutions. The new professional services catalog aims to simplify AV-over-IP and IT rollouts, with on-site engineering assistance for critical installations and live events.

The company plans to expand its service offerings to include advanced design and planning, training and certification programs, and premium support tiers in the future.

NETGEAR (NASDAQ: NTGR), a global intelligent networking solutions provider, has scheduled its Q2 2025 earnings conference call for July 30, 2025, at 5:00 p.m. ET. The company will release its second quarter results after market close on the same day and provide insights into its Q3 2025 business outlook.

Investors and analysts can join via phone using the toll-free number (888) 660-6392 for US callers or (929) 203-0899 for international participants, using conference ID 1030183. A live webcast and replay will be available on NETGEAR's Investor Relations website.

NETGEAR (NASDAQ: NTGR) has appointed Jonathan Oakes as Senior Vice President and General Manager of Home Networking. Oakes, who brings over 20 years of experience in consumer product innovation, will oversee NETGEAR's home networking business, including hardware, software, and subscription services.

Previously holding product leadership roles at Google's Wearables and Health group, Fitbit, Amazon's Kindle division, and Hewlett-Packard, Oakes will implement four key pillars: customer experience focus, delivering high-performing products, security-first design, and industry partnership development. CEO CJ Prober emphasized Oakes' proven track record in driving innovation and leading high-performing teams as crucial for NETGEAR's future in connectivity solutions.

NETGEAR announced inducement equity awards for new employees, particularly those joining through the VAAG Systems acquisition. The awards include time-based RSUs of 75,470 shares for NFB employees and 62,500 shares for Jonathan Oakes, the new SVP of Home Networking. Oakes also received performance-based RSUs targeting 62,500 shares tied to NETGEAR's total shareholder return compared to the Nasdaq Telecommunications Index from April 2025 to December 2027. The time-based RSUs vest over 3 years with 1/3 vesting after one year and 1/12 quarterly thereafter. The performance RSUs vest after 3 years based on TSR performance, subject to continued employment.

NETGEAR (NASDAQ: NTGR) has announced its acquisition of cybersecurity company Exium to enhance its enterprise networking solutions. The acquisition aims to integrate Secure Access Service Edge (SASE) capabilities into NETGEAR's portfolio, creating the first fully integrated network and security solution specifically designed for MSPs and SMEs. The SASE market is projected to grow at 29% CAGR, reaching $25 billion by 2027. The integration will combine Exium's security expertise with NETGEAR's Insight cloud management platform, offering a comprehensive solution that includes wired and wireless networking, firewall, and integrated security features. Exium CEO Farooq Khan will join NETGEAR's Business leadership team. The transaction is expected to close by the end of Q2 2025.