net gear (NTGR – Free Report ) recently introduced the WBE750 Insight Manageable Tri-band WiFi 7 Access Point to address the needs of businesses that require strong internet connectivity. As per NTGR, the tri-band WBE750 can provide up to 18.4 Gbps of total WiFi throughput (supported by 10 Gbps/Multi-Gigabit PoE++ ports) and can accommodate up to 600 simultaneous devices.
This cutting-edge device aims to address the complexity of workplace network congestion caused by multiple connected devices in the workplace. These include not only a variety of connected devices for employees, but also connected devices throughout the office, such as collaboration systems, portable POS systems, and smart lighting.
The advanced WiFi 7 access points are expected to solve the problem of bandwidth limitations and deliver real-time responsiveness, reduced network interruptions, and increased capacity. All of this can lead to increased productivity for your company, which can have a positive impact on your bottom line.
WiFi 7 technology utilizes both 6 GHz and 5 GHz WiFi bands simultaneously to overcome network traffic and restore connectivity even if one of the bands is out of range. Multi-link operation capability allows devices to send and receive data on both WiFi bands simultaneously, increasing throughput. Businesses may take advantage of these features by upgrading most devices to the WiFi 7-compliant WBE750.
The WBE750 can also be used in conjunction with the company’s professional routers, smart cloud managed switches, and Insight remote cloud management solutions to empower businesses with a centralized, easy-to-manage networking solution. NETGEAR WBE750 is available in the US from NETGEAR.com for $699.99. Your purchase bundles his one-year subscription to NETGEAR Insight Cloud Management.
Headquartered in San Jose, California, NETGEAR is a leading provider of advanced, high-performance, premium networking technology and Internet connectivity products for consumers, businesses, and service providers.
The company recognizes the growing demand for robust network solutions due to the increasing number of devices connected to the internet, the transition from older WiFi standards to the long-awaited WiFi 7, and the growth of bandwidth-intensive applications such as 8K video streaming and gaming. We are benefiting from the rise. , combined with the anticipated augmented or virtual reality and metaverse.
In its last reported quarter, NTGR’s total revenue was $188.7 million, a decrease of 24.3% year-over-year. This decline was due to overall weakness in connected home products and small businesses due to channel inventory compression. However, the top line beat the Zacks Consensus Estimate by 2%.
NETGEAR currently carries a Zacks Rank #3 (Hold). The company’s stock has declined 18.2% over the past year, compared to a 2.3% decline in its industry.
Stocks to consider
NVIDIA Corporation (NVDA – Free Report) is currently sporting a Zacks Rank #1 (Strong Buy) and posted an impressive 20.18% return on average for the fourth quarter. In the last reported quarter, the company delivered an earnings surprise of 13.41%.You can see See the complete list of today’s Zacks #1 Rank stocks here.
NVIDIA is the world leader in visual computing technology and the inventor of the graphics processing unit. Over the years, the company’s focus has evolved from his PC graphics to AI-based solutions that support high-performance computing, gaming, and virtual reality platforms.
InterDigital Co., Ltd.. (IDCC – Free Report), and currently has a Zacks Rank #2 (Buy), the company achieved an impressive 4-quarter average performance of 170.50%. In the last reported quarter, the company delivered an earnings surprise of 16.53%.
IDCC is a pioneer in advanced mobile technologies that enable wireless communications and functionality. The company designs and develops a wide range of advanced technology solutions for use in digital mobile phones, wireless 3G, 4G, and IEEE 802 products and networks.
Workday Co., Ltd. (weekdays – Free Report), currently carrying a Zacks Rank #2, delivered an impressive return of 9.03% for the last reported quarter.
Workday is a provider of enterprise-grade software solutions for financial management and human resources. The company’s cloud-based platform integrates finance and human resources into one system, making it easy for organizations to provide analytical insights and decision support.
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