Detail akcie NetGear online

Business Summary: NETGEAR, Inc. is engaged in providing networking technologies and Internet-connected products for consumers, businesses and service providers. The Company operates through two segments: Connected Home, and NETGEAR for Business. The Connected Home segment focuses on consumers and provides high-performance, dependable and easy-to-use premium WiFi networking solutions such as WiFi 6, WiFi 6E and WiFi 7 Tri-band and Quad-band mesh systems and routers, 4G/5G mobile products, smart devices such as Meural digital displays, and subscription services that provide consumers a range of value-added services. The NETGEAR for Business segment focuses on businesses and provides solutions for business networking, wireless local area network (LAN), audio and video over Ethernet for Pro AV applications, security and remote management. The Company conducts business across three geographic territories: the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific (APAC).
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, NetGear Inc revenues decreased 21% to $740.8M. Net loss increased 52% to $104.8M. Revenues reflect SMB segment decrease of 21% to $294M, Americas segment decrease of 18% to $504.3M, APAC segment decrease of 36% to $87.6M. Higher net loss reflects Other General and Administrative increase of 10% to $51.5M (expense), Legal Provisions & Litigation Expenses increase from $2.9M to $7.5M (expense).