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Author Topic: Technology: Netgear Stock Hits Six-Month Low After Q1 Guidance  (Read 491 times)

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Technology: Netgear Stock Hits Six-Month Low After Q1 Guidance
« on: February 18, 2013, 01:29:14 PM »
Netgear Stock Hits Six-Month Low After Q1 Guidance

Shares of Netgear (NTGR) plunged to a six-month low Wednesday, down nearly 10% midday, after the company's first-quarter sales guidance missed estimates. Late Tuesday, Netgear, which makes routers and other networking devices for home use, reported flat Q4 sales of $310 million and a 20% profit decline to 55 cents a share. Analysts had expected that, but Q1 sales guidance of $290 million to $305 million came in below analysts' consensus of $317.6

Source: Netgear Stock Hits Six-Month Low After Q1 Guidance

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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.

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