Netgear Inc. (NTGR) reported fourth-quarter net income of $7.853 million or $0.22 per share compared to a net loss of $7.343 million or $0.21 per share last year.
Non-GAAP earnings per share was $0.34 compared to a loss of $0.07 per share last year.
On average, 7 analysts polled by Thomson Reuters expected the company to report profit of $0.22 per share for the quarter. Analysts' estimates typically exclude special items.
Net revenue increased to $218.832 million from $161.359 million last year. Analysts expected revenue of $178.36 million for the quarter.
For the first quarter 2010, the company expects net revenue in the range of approximately $195 million to $205 million.
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