Why Is NETGEAR Stock Jumping Premarket Thursday?
Why Is NETGEAR Stock Jumping Premarket Thursday?
NETGEAR, Inc. (NASDAQ:NTGR) shares are trading higher premarket today. On Wednesday, the company revised its business outlook for the third quarter of 2024.
NETGEAR, Inc.（納斯達克股票代碼：NTGR）今天盤前股價走高。週三，該公司修訂了2024年第三季度的業務展望。
The company has raised its net revenue guidance to $170 million – $180 million (from the previous range of $160 million – $175 million) versus the consensus of $167.2 million.
該公司已將其淨收入預期上調至1.7億美元至1.8億美元（從之前的1.6億美元至1.75億美元區間），而市場普遍預期爲1.672億美元。
The company also disclosed in a regulatory filing that, on August 28, 2024, it inked a settlement deal with TP-Link Systems Inc., resolving all pending U.S. International Trade Commission and patent infringement disputes, as well as TP-Link's patent challenges and breach of contract claims.
該公司還在一份監管文件中披露，它於2024年8月28日與TP-Link Systems Inc.簽署了和解協議，解決了所有未決的美國國際貿易委員會和專利侵權糾紛，以及TP-Link的專利質疑和違約索賠。
As part of the agreement, all litigation between the parties will be dismissed. NETGEAR has received a $135 million payment in consideration for the same.
作爲協議的一部分，雙方之間的所有訴訟都將被駁回。NETGEAR已收到1.35億美元的同等報酬。
The updated guidance accounts for both the litigation settlement and the earlier-than-expected launch of its next-generation 5G mobile hotspot, which was initially scheduled for the fourth quarter of 2024 but occurred in the third quarter.
更新的指導方針既考慮到了訴訟和解，也考慮了其下一代5G移動熱點的推出，該熱點原定於2024年第四季度推出，但在第三季度推出。
In June, NETGEAR disclosed that Administrative Law Judge Doris Johnson Hines of the U.S. International Trade Commission issued an Initial Determination finding that China-based TP-Link violated federal law by importing and selling in the U.S. its multi-band Wi-Fi devices, routers and mesh networking devices.
6月，NETGEAR透露，美國國際貿易委員會行政法法官多麗絲·約翰遜·海因斯發佈了一項初步裁決，認定總部位於中國的TP-Link在美國進口和銷售其多頻段Wi-Fi設備、路由器和網狀網絡設備，違反了聯邦法律。
The ALJ's Initial Determination came in response to a complaint filed with the ITC by NETGEAR in April 2023, alleging that TP-Link's products infringe certain of its patents.
ALJ的初步裁決是對NETGEAR於2023年4月向國際貿易委員會提起的申訴的回應，該申訴指控TP-Link的產品侵犯了其某些專利。
Also, NETGEAR now expects its adjusted operating margin of -4.0% and -1.0%, an improvement from prior guidance of -11.0% to -8.0%, driven by the settlement and higher anticipated revenue.
此外，在和解協議和預期收入增加的推動下，NETGEAR現在預計其調整後的營業利潤率爲-4.0％和-1.0％，較先前的-11.0％提高至-8.0％。
As such, NETGEAR currently expects GAAP operating margin for the third quarter to be between 48.0% and 51.0%, compared to prior guidance of (15.3)% to (12.3)%, with the change primarily driven by the settlement and the profits from the expected increase in revenue.
因此，NETGEAR目前預計第三季度的GAAP營業利潤率將在48.0％至51.0％之間，而之前的預期爲（15.3）％至（12.3）％，這一變化主要是由和解協議以及預期收入增長帶來的利潤推動的。
The full benefit of the settlement will not be included in the third quarter non-GAAP earnings. NETGEAR expects the cash benefit from its settlement, after fees and taxes, to be around $90.3 million.
和解的全部收益將不包含在第三季度的非公認會計准則收益中。NETGEAR預計，扣除費用和稅款後，其和解產生的現金收益約爲9,030萬美元。
So far this quarter, the company has repurchased approximately 99,000 shares for $1.5 million at $14.92 per share and does not anticipate further repurchases in the third quarter due to trading window restrictions.
本季度到目前爲止，該公司已以每股14.92美元的價格回購了約99,000股股票，由於交易窗口的限制，預計第三季度不會有進一步的回購。
Investors can gain exposure to the stock via Brandes International ETF Brandes U.S. Small-Mid Cap Value ETF (BATS:BSMC).
投資者可以通過布蘭德斯國際ETF布蘭德斯美國中小型股價值ETF（BATS: BSMC）獲得股票敞口。
Price Action: NTGR shares are up 25% at $19.92 premarket at the last check Thursday.
價格走勢：在週四的最後一次檢查中，NTGR股價上漲了25％，至盤前19.92美元。
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譯文內容由第三人軟體翻譯。