BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

3Q: Solid Quarter; Destocking to Continue

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

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<li>NTGR has brought back the goal of achieving double digit operating margin after three years of underperformance while turning the business around.</li>
<li>Unlike prior years where NTGR was relying on unit volume growth to drive operating leverage, NTGR now has a growing base of subscription revenue that is contributing to earnings</li>
<li>NTGR’s annual investor day highlighted the expectation of exiting 2023 with annual recurring revenue (“ARR”) of $40 million and $50 million in 2024</li>
</ul>


NTGR has brought back the goal of achieving double digit operating margin after three years of underperformance while turning the business around.
Unlike prior years where NTGR was relying on unit volume growth to drive operating leverage, NTGR now has a growing base of subscription revenue that is contributing to earnings
NTGR’s annual investor day highlighted the expectation of exiting 2023 with annual recurring revenue (“ARR”) of $40 million and $50 million in 2024


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NTGR: ARR Enters the Conversation