The Best (And Worst) Third-Quarter Technology Vendor Stocks


Netgear

CEO: Patrick Lo

June 28, 2013: $30.54
Sept. 30, 2013: $30.86
Change: 1.0%

Considering that Netgear's stock price lost more than 22 percent of its value in the first half of 2013, the 1 percent gain in the third calendar quarter is a victory for the networking equipment maker.

For the second fiscal quarter ended June 30, Netgear reported revenue of $357.7 million, up more than 11 percent from the same period one year earlier. But, net income was down 35 percent to just shy of $14 million.

 



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