Netgear Sees Q4 Sales $160.000M-175.000M vs $174.60M Est
Portfolio Pulse from Benzinga Newsdesk
Netgear has provided a Q4 sales forecast ranging from $160 million to $175 million, which is slightly below the market estimate of $174.60 million.
October 30, 2024 | 8:22 pm
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Netgear's Q4 sales forecast of $160M-$175M is slightly below the market estimate of $174.60M, which may lead to a cautious market reaction.
The sales forecast provided by Netgear is slightly below the market estimate, which could lead to a negative short-term impact on the stock price as investors may react to the lower-than-expected guidance.
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