|Bid||29.23 x 800|
|Ask||32.30 x 1200|
|Day's Range||31.70 - 32.31|
|52 Week Range||15.01 - 36.87|
|Beta (5Y Monthly)||0.88|
|PE Ratio (TTM)||70.18|
|Earnings Date||Oct. 21, 2020 - Oct. 26, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.75|
NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of networking products that power businesses both large and small, today announced the availability of Insight Managed WiFi 6 AX1800 Access Points, WAX610 and WAX610Y (outdoor), for an optimal WiFi experience in every business environment. This new WAX610 family brings next generation WiFi 6 (802.11ax) performance to small businesses (SMBs) delivering up to 70% faster speed to each individual device than previous generation WiFi 5 (802.11ac)1. With the increased capacity for more simultaneous device connections, the WAX610 with WiFi 6 provides the flexibility of both a robust and secure WiFi solution for small and medium businesses to serve the networking demands of today without the high-cost of IT overhead and with an industry-leading lowest total cost of ownership.
Image source: The Motley Fool. Netgear (NASDAQ: NTGR)Q2 2020 Earnings CallJul 22, 2020, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorLadies and gentlemen, thank you for standing by.
Shares of Netgear (NASDAQ: NTGR) have jumped today, up by 7% as of 12:40 p.m. EDT, after the networking equipment maker reported second-quarter earnings. Revenue in the second quarter increased 21% to $280.1 million, which translated into adjusted earnings per share of $0.54. "The surge in demand that began in March continued throughout the entire quarter and resulted in strong growth in both the retail and service provider channels for the CHP business," CEO Patrick Lo said in a statement.