NETGEAR Sees Q3 Net Revenue $160M-$175M
Portfolio Pulse from Benzinga Newsdesk
NETGEAR has announced its expected net revenue for Q3 to be between $160 million and $175 million.
July 31, 2024 | 9:11 pm
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NEUTRAL IMPACT
NETGEAR has announced its expected net revenue for Q3 to be between $160 million and $175 million. This projection provides a range for investors to gauge the company's financial performance for the quarter.
The revenue projection provides a clear range for investors to assess NETGEAR's financial performance for Q3. However, without additional context such as previous revenue figures or market expectations, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100