Netgear Awaits 5G Catalysts After a Competitive Holiday Season
Netgear (NASDAQ: NTGR) released weaker-than-expected fourth-quarter 2019 results late Wednesday, leaving shares down more than 4% in response as investors absorbed the news Thursday.
In particular, the networking technology company detailed the travails of not only navigating heavy promotions during the crucial holiday period, but also defending its market share in the increasingly competitive space.
Let's take a closer look at how Netgear ended 2019, beginning with its headline numbers for the fourth quarter:
Source Fool.com
