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Is Netgear a Buy After Its Post-Earnings Drop?


When Netgear (NASDAQ: NTGR) announced third-quarter 2019 results last week, suffice to say investors weren't pleased with what the networking technology specialist had to convey. Shares plunged 15% on the news as both revenue and earnings fell short of expectations, with Netgear chairman and CEO Patrick Lo describing "geopolitical factors" as hindering the company's growth.

But could the pullback be an opportunity to open or add to a position? Let's take a closer look at what Netgear accomplished last quarter to find out, starting with its headline numbers relative to the same year-ago period.

Q3 2019

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Source Fool.com

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