Following a robust performance during the regular trading session on Wednesday, NETGEAR, Inc. (NASDAQ: NTGR) stock saw a notable uptick during the extended session. NTGR share price surged 27.62% to $20.33 in after-hours trading driven by the company’s strategic move in expanding its portfolio.
NETGEAR introduced new device
With the release of the Nighthawk M7 Pro Mobile Hotspot (MR7400), NETGEAR has expanded its array of high-performance WiFi 7 devices. Utilizing the Qualcomm Snapdragon SDX75 processor and running on AT&T’s robust 5G network, this innovative gadget draws inspiration from over thirty years of network innovations. For both individuals and companies, the M7 Pro is built to provide flexible, fast connection that guarantees dependable internet access wherever and wherever it’s needed.
NTGR is Enhancing Connectivity and Advanced Features
The Nighthawk M7 Pro Mobile Hotspot delivers cutting-edge WiFi 7 and 5G technology, boasting enhanced speed, reduced latency, and superior coverage. With 5G speeds reaching up to 6 Gbps and aggregated WiFi speeds of up to 5.8 Gbps via its tri-band WiFi 7 and dual-band concurrent operation, the M7 Pro sets a new standard for mobile connectivity. This device ensures a robust and dependable connection, whether for remote work, maintaining personal connections, or enjoying on-the-go entertainment.
A Comprehensive Solution for Diverse Needs
The newest innovation from NETGEAR prioritizes security and flexibility while still providing high-speed connectivity. The M7 Pro is a great option for both personal and commercial applications because it has an integrated firewall and supports up to 64 devices. Its portable design ensures secure internet access in various settings, including remote offices, mobile businesses, and temporary locations. The device can also integrate seamlessly with existing home routers or act as a failover for wired broadband connections.
Furthermore, companies in industries including manufacturing, building, healthcare, and food and beverage stand to gain from the M7 Pro’s scalable and high-speed connection. By offering extensive information on device usage and performance, as well as easier device management and configuration, NETGEAR’s Insight Pro further improves the user experience.