Netgear Expands Business Portfolio with New Networking Hardware
04.09.2025 - 09:45:04Financial Performance and Market Position
Netgear is intensifying its focus on the commercial sector through the introduction of a new Wi-Fi 6 access point designed for high-growth verticals. The WAX610W model specifically targets the hospitality industry, multi-tenant housing units, and educational institutions, representing a strategic push into markets with substantial expansion potential.
The company’s recent financial results underscore its current trajectory. For the second quarter of 2025, Netgear reported revenue of $170.53 million, marking a significant year-over-year increase of 18.5%. Looking ahead to Q3, management has provided a revenue forecast ranging between $165 million and $180 million. The investment community anticipates the next earnings release around October 22nd or 29th, 2025.
As of September 2nd, Netgear shares were trading at $26.90. Technical analysis suggests a generally positive sentiment for September, Read more...