Netgear Q2 Adj. EPS $0.16 Beats $0.01 Estimate, Sales $168.562M Beat $157.803M Estimate
Netgear (NASDAQ:NTGR) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.01 by 1500 percent. This is a 166.67 percent increase over earnings of $0.06 per share from the same
Netgear made way more money than anyone expected this quarter—their earnings were 16 times bigger than predicted, and sales were also higher than forecast. When a company surprises people by doing much better than expected, it's a sign the business is running stronger than folks thought.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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