Netgear Inc. (NTGR) : Kumo support and Cisco’s problems

Netgear fell about 9% during the first half of the day due to Cisco’s revenue call that their home networking unit (Linksys) was down 8% for period ending May 1. My bet is Netgear (NTGR) will not suffer from this revenue drop and could even be eating into Cisco’s share. From the Ichimoku chart, it… Continue reading Netgear Inc. (NTGR) : Kumo support and Cisco’s problems

Netgear Inc (NTGR) : Breakout on inline guidance

Netgear just reported the following –First Quarter 2010 Financial Highlights: – Net revenue of $211.6 million, compared to $152.0 million in the comparable prior year quarter, 39% year-over-year growth – Non-GAAP net income of $17.1 million, compared to net income of $1.4 million in the comparable prior year quarter – Non-GAAP diluted earnings per share… Continue reading Netgear Inc (NTGR) : Breakout on inline guidance