Our non-GAAP operating margin for the second quarter came in at 7.5%, driven largely by the leverage created by our revenue growth.Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.Thank you, Josh. So maybe a little bit back-end loaded. Reblog. Is that purely because lack of supply is forcing people buy WiFi 6 routers? Please go ahead.But I like that because in the future, when the WiFi 6 products finally come to $100, those people who buy the $100 extenders will upgrade to WiFi 6. If you have not received a copy of today's press release, please visit NETGEAR's investor relations website at www.netgear.com. At NETGEAR, we focus on all things connected, with the goal of making your online experience seamless so you can sit back, relax and do more.In business, confidence is everything. I would say we came into the quarter probably a little better positioned, as well as the channel given where we exited Q1 in terms of channel inventory levels. Easy to use. While we are confident in the ongoing strength of end market demand for home networks, there is still considerable uncertainty around the slowing or reversals of reopenings, new waves of COVID-19 and by extension, the speed of the economic recovery worldwide in the second half of 2020. Partner with NETGEAR for home connectivity, home media, security and automation, and mobile solutions. SAN JOSE, Calif., April 22, 2020 (GLOBE NEWSWIRE) -- NETGEAR, Inc. (NASDAQ: NTGR), a global networking company that delivers innovative networking and Internet connected products to consumers and businesses, today reported financial results for the first quarter ended March 29, 2020.Mr. Despite continued headwinds in certain areas of our business, overall, we were able to deliver strong top line and profitability growth.Your next question comes from Hamed Khorsand with BWS Financial. That's what we're seeing, and of course, as I said, right, we have not been able to ship as much as we would have liked because it's ramping up so fast.Our next question comes from Woo Jin Ho with Bloomberg Intelligence.OK. I'll turn the call back to Patrick for closing remarks.That said, with the top line lift that we can see, we'll get some additional leverage. I mean, usually, our chip lead time is anywhere between 13 to 20 weeks, so are many other components. I think the mix of SMB will lessen even further than it was in Q2, which certainly puts some pressure on the gross margins.So some of the in-store inventory has been helping to buffer the demand, so it depletes the in-store inventory as well.And more and more of the business is shifting online. Unhindered by remote work, our teams continued to deliver important new products to the market, including another WiFi 6 Orbi mesh product and two new POE+ switches. Are there any major differences in the growth rates in Q3 and Q4, it's tough for us to think about where there's kind of a bigger weighting toward Q3 or Q4? In Q2, we believe that we'll continue to make progress in Q3 and Q4. We would now like to answer any questions from the audience.Thanks guys. Lo continued, “We saw two distinct phenomena during the Covid-19 pandemic.
And as I said earlier, it's certainly going to be a fair investment for us in Q3.Well, actually, as a matter of fact, I think, yes, it could be, but then it's not really a lot meaningful because this work from home basically drives a lot of people to upgrade their home's Wi-Fi reach and not everybody could afford WiFi 6 and the cheapest and fastest way for a lot of people is to buy one or two, 11ac extenders.
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