Who says you can't play and win against bigger, better-funded competitors? NetGear
We'll get into the details of NetGear's Q1 results momentarily. First, here's a closer look at the business from a Foolish perspective:
Metric |
NetGear |
---|---|
Operations |
Makes routers and other networking gear for connecting home consumer electronics to each other and the Internet. |
CAPS stars (out of 5) |
**** |
Total ratings |
2,384 |
Percent bulls |
96.8% |
Percent bears |
3.2% |
Bullish pitches |
333 out of 346 |
Highest-rated peers |
Digi International, Spirent Communications, Network Engines |
Data current as of April 29.
Revenue grew 32% year-over-year to $278.8 million, while adjusted profits soared 35% to $0.65 a share. Wall Street wasn't even close, having predicted $256.5 million and $0.52, respectively. NetGear seems to be hitting Cisco's Linksys group where it hurts.
For all the hype over Android and Motorola Mobility's
In February, management raised guidance on the belief its double-barrel blast of geekery would attract a flood of new buyers. Now it turns out they were lowballing. Much more of this and analysts will be forced to raise their projections for 20% annual earnings growth over the next five years.
Do you agree? Disagree? Use the comments box below to tell us what you think about NetGear's report, approach, and competitive differentiation. You can also rate NetGear in Motley Fool CAPS.
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