Arlo Technologies, Inc. (ARLO) Tops Q1 EPS by 4c

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Go back to Arlo Technologies, Inc. (ARLO) Tops Q1 EPS by 4c

Arlo Reports First Quarter 2022 Results

May 10, 2022 4:05 PM EDT

Exceeded $100 million of ARR, ending Q1 at $101 million, growing 74% year over year

Revenue Growth of 51.1% year over year, exceeding high-end of Guidance for the Quarter

Record GAAP gross profit of $33.6 million, record non-GAAP gross profit of $34.5 million

132% Year over Year growth in Cumulative Paid Accounts

Delivered GAAP operating loss of $8.7 million, second consecutive quarter of non-GAAP Operating Profit of $1.0 million

CARLSBAD, Calif.--(BUSINESS WIRE)-- Arlo Technologies, Inc. (NYSE:... More