Recap: Arlo Technologies Q1 Earnings - Arlo Technologies (NYSE:ARLO)

Arlo Technologies ARLO reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Arlo Technologies beat estimated earnings by 133.33%, reporting an EPS of $0.01 versus an estimate of $-0.03.

Revenue was up $42.20 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 28.92% increase in the share price the next day.

Here's a look at Arlo Technologies's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	-0.03	-0.14	-0.15	-0.21
EPS Actual	0.04	-0.08	-0.04	-0.03
Revenue Estimate	134.94M	106.24M	86.89M	76.81M
Revenue Actual	142.86M	111.15M	98.57M	82.56M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Arlo Technologies management provided guidance for Q2 2022, expecting earnings between $-0.08 and $-0.03 per share.

To track all earnings releases for Arlo Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.