Arlo Technologies, Inc. (ARLO) Tops Q1 EPS by 1c

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Arlo Reports First Quarter 2020 Results

May 11, 2020 4:05 PM EDT

57.4% Paid Account Growth Year over Year

SAN JOSE, Calif.--(BUSINESS WIRE)-- Arlo Technologies, Inc. (NYSE: ARLO), a global network connected camera company that delivers innovative internet connected products to consumers and businesses, today reported financial results for the first quarter ended March 29, 2020.

Financial Highlights (1)

Revenue of $65.5 million, an increase of 13.1% year over year. GAAP gross margin of 6.0%; non-GAAP gross margin of 7.4%. GAAP net loss per diluted share of $(0.51), non-GAAP net loss per diluted share of... More