Netgear sees Q3 revenue $165M-$180M

The company said, “We expect to continue to see more predictable performance that is aligned with the market for all of our businesses. Within NFB, end user demand for our ProAV line of managed switches is expected to remain strong, and, although we expect to continue to make improvements in our supply position, we continue to face lengthy lead times for supply, which may limit our ability to capture the full topline potential of this growing business. On the Home Networking side, we are seeing signs of the benefit of our broader product portfolio to address the market. On the Mobile side, we expect revenue to be in line with Q2 as we await our new product introductions to round out the portfolio later in the year. Accordingly, we expect third quarter net revenue to be in the range of $165 million to $180 million. In the third quarter we expect to further ramp our planned investments, with continued focus on insourcing software development capabilities and enhancing our go to market capabilities supporting our NFB business, accordingly we expect our third quarter GAAP operating margin to be in the range of (11.0)% to (8.0)%, and non-GAAP operating margin to be in the range of (5.5)% to (2.5)%. Our GAAP tax expense is expected to be in the range of $0.8 million to $1.8 million, and our non-GAAP tax expense is expected to be in the range of $(0.5) million to $0.5 million for the third quarter of 2025.”