NetGear Inc. (NTGR) announced Loss for its first quarter that increased from the same period last year
The company's earnings totaled -$18.65 million, or -$0.63 per share. This compares with -$9.7 million, or -$0.33 per share, in last year's first quarter.
Excluding items, NetGear Inc. reported adjusted earnings of -$8.4 million or -$0.28 per share for the period.
The company's revenue for the quarter fell 9.0% to $164.6 million from $180.9 million last year.
NetGear Inc. earnings at a glance (GAAP) :
-Earnings (Q1): -$18.65 Mln. vs. -$9.7 Mln. last year.
-EPS (Q1): -$0.63 vs. -$0.33 last year.
-Revenue (Q1): $164.6 Mln vs. $180.9 Mln last year.
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