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Opportunities presented by the Wi-Fi 7 upgrade cycle are positives for NTGR, but weak macroeconomic conditions and increasing costs remain concerning.
NETGEAR, Inc. NTGR has expanded its Nighthawk WiFi 7 standalone router portfolio with the addition of the RS600, RS500 and RS200 routers. These routers are available now on NETGEAR.com, with the RS600 priced at $499, RS500 at $399 and RS200 at $229 MSRP.
NETGEAR Inc. NASDAQ: NTGR manufactures a wide range of networking products for consumers and businesses worldwide. Its devices, including routers, switches, and modems, help to enhance internet connectivity.
SAN JOSE, Calif.--(BUSINESS WIRE)---- $NTGR--NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of innovative and secure solutions for people to connect and manage their digital lives, today expanded its portfolio of high-performance WiFi 7 devices with the introduction of the Nighthawk M7 Pro Mobile Hotspot (MR7400). Based on NETGEAR's nearly 30 years of pioneering network expertise, powered by the Qualcomm® Snapdragon™ SDX75 chipset and running on AT&T's reliable 5G network, the M7 Pro provides fl.
NETGEAR, Inc. NTGR has collaborated with Samsung Electronics' System LSI Business to ensure smooth interoperability and roaming between NETGEAR's Business WiFi 7 access points and Samsung's WiFi 7 client chipset offering. Both companies were the early adopters of WiFi 7, with NTGR focusing on access points and Samsung on client solutions.
Evaluate NETGEAR's (NTGR) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.
NETGEAR's (NTGR) second-quarter performance is affected by soft order trends across CHP and NFB businesses.
NETGEAR Inc (NASDAQ:NTGR ) Q2 2024 Results Conference Call July 31, 2024 5:00 PM ET Company Participants Erik Bylin - IR C.J. Prober - CEO Bryan Murray - CFO Conference Call Participants Adam Tindle - Raymond James Operator Ladies and gentlemen, thank you for standing by.
NETGEAR, Inc. (NTGR) came out with a quarterly loss of $0.74 per share versus the Zacks Consensus Estimate of a loss of $0.82. This compares to loss of $0.16 per share a year ago.
NETGEAR (NTGR) notes that the new Orbi 770 Tri-band Mesh System is available for pre-order now on NETGEAR.com and will be available gradually at other major retailers.