Arlo Technologies, Inc. (ARLO) Tops Q3 EPS by 2c; Offers Q4 Guidance

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Arlo Reports Third Quarter 2023 Results

November 9, 2023 4:05 PM EST

Revenue of $130.0 million, at the high end of guidance range

Annual recurring revenue (ARR) ended at $200.0 million, growing 59.5% year over year

Free cash flow (FCF) of $7.0 million with FCF margin of 5.4% (1)

GAAP EPS of $(0.01); record non-GAAP EPS of $0.09

Successful launch of innovative Essential 2 camera portfolio

CARLSBAD, Calif.--(BUSINESS WIRE)-- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today reported financial results for the third... More