Benzinga | Oct 21, 2020 04:06PM EDT

Netgear Q3 EPS $1.13 May Not Compare To $0.66 Estimate, Sales $378.00M Beat $313.51M Estimate

Netgear (NASDAQ:NTGR) reported quarterly earnings of $1.13 per share which beat the analyst consensus estimate of $0.66 by 71.21 percent. This is a 73.85 percent increase over earnings of $0.65 per share from the same period last year. The company reported quarterly sales of $378.00 million which beat the analyst consensus estimate of $313.51 million by 20.57 percent. This is a 42.18 percent increase over sales of $265.86 million the same period last year.