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Last $31.20 USD
Change Today +0.21 / 0.68%
Volume 320.5K
NTGR On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

netgear inc (NTGR) Snapshot

Open
$31.19
Previous Close
$30.99
Day High
$31.49
Day Low
$30.86
52 Week High
12/5/14 - $36.70
52 Week Low
04/27/15 - $29.20
Market Cap
1.1B
Average Volume 10 Days
312.7K
EPS TTM
$2.10
Shares Outstanding
34.7M
EX-Date
--
P/E TM
14.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for NETGEAR INC (NTGR)

netgear inc (NTGR) Related Businessweek News

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netgear inc (NTGR) Details

Netgear Inc. designs, develops and markets networking products for home users and small businesses worldwide. Products let users share Net access, peripherals, files, digital multimedia content, and applications among multiple personal computers and other Net-enabled devices. Ethernet networking products include switches; network interface cards, adapters, and bridges; peripheral servers; and virtual private network firewalls. Broadband access products comprise routers, gateways, Internet protocol telephony products, and wireless gateways. Network connectivity products consist of wireless access points, wireless network interface cards and adapters, media adapters, Wi-Fi phones, network attached storage, and powerline adapters and bridges. The company, based in Santa Clara, Calif., was founded in 1996.

1,038 Employees
Last Reported Date: 02/20/15
Founded in 1996

netgear inc (NTGR) Top Compensated Officers

Co-Founder, Chairman and Chief Executive Offi...
Total Annual Compensation: $762.4K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $464.9K
Senior Vice President of Worldwide Operations...
Total Annual Compensation: $347.4K
Senior Vice President and General Manager of ...
Total Annual Compensation: $329.9K
Senior Vice President of Corporate Developmen...
Total Annual Compensation: $339.9K
Compensation as of Fiscal Year 2014.

netgear inc (NTGR) Key Developments

Netgear Inc. Introduces New Prepaid Mobile WiFi Hotspot for Secure, Easy Access to AT&T 4G LTE Service

Netgear Inc. announced that AT&T will bring the NETGEAR AirCard® 779S Mobile Hotspot to market under the brand name AT&T Unite Express™ for GoPhone. With its slim and sleek profile, this newest addition to the NETGEAR product line of mobile hotspots provides prepaid Internet access on the go using AT&T’s 4G LTE network. User can enjoy secure, reliable, affordable WiFi when user need it, on user terms, with three flexible rate plans and no annual contract or credit check. Similar in size to a deck of cards, the AT&T Unite Express fits snugly into a pocket, a purse or a backpack. It’s the user must-have travel accessory for sharing Internet access with up to 10 WiFi-enabled devices. With password protection and guest WiFi, this accessory offers user safe, hassle-free access on AT&T’s network, which has the nation’s strongest 4G LTE signal, so user don’t have to rely on public WiFi to stay connected. User will be able to entertain users kids, do homework, and catch up on bills and office email while on road trips or between appointments. The AT&T Unite Express also offers an optional interface in Spanish, the first NETGEAR mobile hotspot from AT&T to do so.

Netgear Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 29, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Netgear Inc. reported unaudited consolidated earnings results for the first quarter ended March 29, 2015. For the first quarter of 2015, net revenue was $309.2 million, which is down 11.5% on a year-over-year basis and down 12.5% on a sequential basis. The decline in revenue is due to the exiting of certain service provider business that does not meet financial metrics as discussed in previous earning call as well as the negative impact of the strengthening dollar on international business. Non-GAAP diluted EPS for the first quarter of 2015 was $0.46, which is down 22% year-over-year. EPS was negatively impacted by the decrease of international revenue and profits, which Christine will discuss during her section of the call. The company reported non-GAAP net income of $16.3 million. For the first quarter of 2015, the company used approximately $400,000 in cash flow from operations due to changes in working capital. Net income, computed in accordance with GAAP, for the first quarter of 2015 was $8.0 million, or $0.23 net income per diluted share. This compared to GAAP net income of $14.4 million, or $0.39 net income per diluted share, in the first quarter of 2014, and GAAP net loss of $40.4 million, or net loss of $1.16 per diluted share, in the fourth quarter of 2014. Income before income taxes was $18,026,000 compared to $23,448,000 a year ago. Income from operations was $17,499,000 compared to $23,499,000 a year ago. GAAP operating income was $17,499,000 compared to $23,499,000 a year ago. Non-GAAP operating income was $28,354,000 compared to $33,986,000 a year ago. For the second quarter of 2015, the company anticipates revenue will be in the range of approximately $270 million to $285 million. The revenue decline is primarily due to the decline of service provider revenue to the $100 million level, as well as the typical seasonality of the RBU and CBU business combined with the headwinds from the strengthening U.S. dollar. Second quarter non-GAAP operating margin is expected to be in the range of 6% to 7%. Despite the revenue reduction, the company continues to maintain a high level of R&D in the categories that will benefit to top line in the second half of 2015 and beyond. Non-GAAP tax expense is expected to be approximately $9 million to $11 million for the second quarter of 2015.

NETGEAR, Inc. Proposes Amendments to Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws

NETGEAR Inc. will propose amendments to the amended and restated certificate of incorporation and amended and restated bylaws to eliminate supermajority stockholder vote requirements and replace them with majority vote requirements at the Annual Meeting of Stockholders to be held on June 2, 2015.

 

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Industry Analysis

NTGR

Industry Average

Valuation NTGR Industry Range
Price/Earnings 100.0x
Price/Sales 0.8x
Price/Book 1.5x
Price/Cash Flow 449.8x
TEV/Sales 0.6x
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