NETGEAR® Reports Third Quarter 2023 Results
Third quarter 2023 net revenue of $197.8 million, a decrease of 20.7% from the comparable prior-year quarter.
- Third quarter 2023 net revenue of $197.8 million, a decrease of 20.7% from the comparable prior-year quarter.
- Third quarter 2023 non-GAAP operating income of $5.3 million, or 2.7% of net revenue, as compared to operating income of $1.8 million, or 0.7% of net revenue, in the comparable prior-year quarter.
- Third quarter 2023 GAAP net loss per diluted share of $2.87, as compared to net income per diluted share of $0.10 in the comparable prior-year quarter.
- Third quarter 2023 non-GAAP net income per diluted share of $0.23, as compared to net income per diluted share of $0.21 in the comparable prior-year quarter.