Arlo Technologies: Q1 Earnings Insights


Arlo Technologies ARLO reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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


Arlo Technologies beat estimated earnings by 120.0%, reporting an EPS of $0.01 versus an estimate of $-0.05.

Revenue was down $13.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 50.14% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.10 -0.13 -0.13 -0.03
EPS Actual -0.04 -0.05 0.01 0.01
Revenue Estimate 107.44M 127.38M 110.19M 113.41M
Revenue Actual 118.53M 128.16M 118.98M 124.75M

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 2023, expecting earnings between $0.01 and $0.07 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.

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