Netgear Inc. (NTGR) reported fourth quarter non-GAAP EPS of $0.55 after the bell Tuesday, down from $0.69 in the prior year period. The consensus estimate was for EPS of $0.54. Net revenue was $310.4 million, compared to $309.2 million last year. The consensus estimate was for revenues of $307.7 million.
Netgear gapped open sharply lower Wednesday, but traded in a range for the majority of the session. The stock finished down by 3.19 at $33.31 on the highest volume in 6 months. Netgear dropped to a 3-month low and fell below its 200-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.