Netgear Sinks on Margin Worries

"Router maker Netgear (NTGR:Nasdaq - commentary - research - Cramer's Take) reported a third-quarter profit, but its shares fell 7% after the company posted soft sales and said margins would be pinched in the fourth period.
The Santa Clara, Calif., maker of Internet traffic-sorting devices made $8.6 million, or 25 cents a share, for the third quarter ended Oct. 2. That's up from the year-ago $5.9 million, or 18 cents a share. Revenue rose to $111 million from $101 million a year earlier. Excluding certain costs, latest-quarter earnings were 27 cents a share. Analysts surveyed by Thomson First Call had forecast a 27-cent profit on sales of $116 million. "

[TheStreet]