NETGEAR reported a GAAP loss of $57.21 million for the first three months of 2022, compared to a profit of $22.96 million in the previous year. Revenue decreased 33.8% to $210.558 million from $317.925 million a year earlier.

Net income of NETGEAR under GAAP for 2021 was $49.387 million, down 15.3 percent from $58.293 million in the previous year. Revenue declined 6.9% to $1.168 billion from $1.255 billion a year earlier.

NETGEAR's GAAP net income for 9M 2021 was $50.378 million, up 84.2% from $27.345 million in the prior year. Revenue increased 3.2% to $916.886 million from $888.129 million a year earlier.

NETGEAR's GAAP net income for the first six months of 2021 was $40.794 million, up several times from $1.81 million in the prior year. Revenue increased 22.9% to $626.736 million from $510.015 million a year earlier.