NetGear Inc. (NTGR) net income for the third-quarter was $8.5 million or $0.24 per share, compared with net income of $3.1 million or $0.09 per share for the third quarter of 2008.
On a non-GAAP basis, NetGear reported earnings of $10.97 million or $0.31 per share, compared with $6.89 million or $0.19 per share last year. Six analysts polled by Thomson Reuters estimated earnings of $0.08 per share. Analysts' estimates typically exclude one-time items.
Net revenue for the third quarter was $171.1 million, compared with $179.4 million for the same quarter in the year-ago period. Analysts expected revenue of $155.99 million for the same quarter.
For the fourth quarter, the company expects net revenue in the range between $170 million to $180 million, with non-GAAP operating margin guidance range of 7% to 9%.
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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.