Recap: Arlo Technologies Q4 Earnings

Shares of Arlo Technologies ARLO rose in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 69.23% year over year to ($0.08), which beat the estimate of ($0.18).

Revenue of $114,836,000 decreased by 6.19% from the same period last year, which beat the estimate of $111,570,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Arlo Technologies hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Feb 23, 2021

Time: 05:00 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.arlo.com%2F&eventid=2948452&sessionid=1&key=3152AE59D795D7ECDA28E34CCB35889A&regTag=&V2=false&sourcepage=register

Recent Stock Performance

Company's 52-week high was at $10.49

Company's 52-week low was at $1.20

Price action over last quarter: Up 40.87%

Company Description

Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. Its product portfolio comprises Arlo Security Camera, Arlo Q and Arlo Q Plus, Arlo Pro, Arlo Baby, Arlo Audio Doorbell and Arlo Chime, and Arlo Security Light. The company conducts its business across three geographic regions: Americas, Asia-Pacific, Europe, the Middle East and Africa. Geographically the company receives maximum revenue from the Americas.

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Posted In: EarningsBZI-Recaps
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