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: Netgear stock slips following outlook


: Netgear stock slips following outlook
Netgear Inc. NTGR shares slipped in the extended session Wednesday after the network equipment and router company’s outlook fell short of Wall Street estimates. Netgear shares fell 2% after hours, following a 0.7% rise in the regular session to close at $37.83. “While we expect supply constraints to ease, our second quarter net revenue is expected to be in the range of $305 million to $320 million,” said Bryan Murray, Netgear’s chief financial officer, in a statement. Analysts surveyed by FactSet had estimated revenue of $325 million for the second quarter. The company reported first-quarter net income of $23 million, or 72 cents a share, compared with a loss of $4.2 million, or 14 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were 99 cents a share, compared with 21 cents a share in the year-ago period. Revenue rose to $317.9 million from $230 million in ....

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Insights on the Digital Media Adaptor (DMA) Global Market to 2025 - by Type, Content, Distribution Channel, Application and Region


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The global digital media adaptor (DMA) market grew at a CAGR of around 5% during 2014-2019. A digital media adaptor (DMA) refers to an electronic device used for connecting the computer to a home media system to transfer digital files and audio content. It consists of an operating system, processor, collection of applications to access the streaming services, in-built Wi-Fi receiver and High-Definition Multimedia Interface (HDMI) port that connects to a television set. This enables the user to locate different online media files and transfer them to audio or visual (AV) equipment that is connected to the home media system. Once the media file is located, the DMA allows the user to view or listen to that media file and simultaneously stream it. ....

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