NETGEAR® Reports First Quarter 2024 Results

SAN JOSE, Calif.--(BUSINESS WIRE)--NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported preliminary financial results for the first quarter ended March 31, 2024. First quarter 2024 net revenue of $164.6 million, a decrease of 9.0% from the comparable prior-year quarter. First quarter 2024 GAAP operating loss of $21.6 million, or (13.2)% of net revenue, as compared to operating lo