Benzinga | Jul 21, 2021 04:07PM EDT

Netgear Q2 Adj. EPS $0.66 Misses $0.71 Estimate, Sales $308.80M Miss $314.84M Estimate

Netgear (NASDAQ:NTGR) reported quarterly earnings of $0.66 per share which missed the analyst consensus estimate of $0.71 by 7.04 percent. This is a 22.22 percent increase over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $308.80 million which missed the analyst consensus estimate of $314.84 million by 1.92 percent. This is a 10.27 percent increase over sales of $280.05 million the same period last year.