NETGEAR Provides Preliminary Fourth Quarter Financial Results - Seite 2

(Benefit)

 

 

 

 

GAAP

(3.0)% - (1.5)%

 

$1.0 - $2.0

Estimated adjustments for¹:

 

 

 

Stock-based compensation expense

2.3%

 

-

Restructuring and other charges

0.7%

 

-

Non-GAAP tax adjustments

-

 

$0.5

Non-GAAP

0.0% - 1.5%

 

$1.5-$2.5

1

Operating margin rate does not include estimates for any currently unknown income and expense items which, by their nature, could arise late in a quarter, including: litigation reserves, net; acquisition-related charges; impairment charges; restructuring and other charges. New material income and expense items such as these could have a significant effect on our guidance and future GAAP results.

NETGEAR will release its full financial results for the fourth quarter and full year 2023 after the close of trading on February 7, 2024. Management will host a conference call on February 7, 2024 at 5 p.m. ET (2 p.m. PT) to review the results.

About NETGEAR, Inc.

For more than 25 years, NETGEAR (NASDAQ: NTGR) has been the innovative leader in connecting the world to the internet with advanced networking technologies for homes, businesses and service providers around the world. As staying connected has become more important than ever, NETGEAR delivers award-winning network solutions for remote work, distance learning, ultra high def streaming, online game play and more. To enable people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to providing a range of connected solutions. From ultra-premium Orbi Mesh WiFi systems and high performance Nighthawk routers, to high-speed cable modems and 5G mobile wireless products to cloud-based subscription services for network management and security, to smart networking products and Video over Ethernet for Pro AV applications, NETGEAR keeps you connected. NETGEAR is headquartered in San Jose, California. Learn more on the NETGEAR Investor Page or by calling [phone]. Connect with NETGEAR: Twitter, Facebook, Instagram, LinkedIn and the NETGEAR blog at NETGEAR.com.