NETGEAR, INC. [NTGR] posts $68.99M loss as revenue falls 20.17% to $932.47M

NETGEAR, INC. [NTGR] posted a loss of $68.99M, marking a fall of 239.69% for this year.

Revenue fell to $932.47M this year compared to $1,168.07M in the previous year.

According to the latest annual report the company has filed with the SEC, current earnings were $-68.99M, down 239.69% from $49.39M.

The company’s net sales for the period were $932.47M, down 20.17%. Net sales in the previous year were $1,168.07M.