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Stocks Under $20: Arlo Technologies, Applied Optoelectronics
Schaeffers Investment Research· 2024-09-24 16:40
For Schaeffer's Cheap Seats: Stocks Under $20 segment, we're taking a look at Arlo Technologies Inc (NYSE:ARLO) and Applied Optoelectronics Inc (NASDAQ:AAOI), both of which are making sizeable intraday moves.Shares of Arlo Technologies, a maker of wireless surveillance cameras that went public in October 2018, were last seen up 3.5% at $12.27, following the company's newly adopted $50 million stock repurchase program. Today's gain helped ARLO leapfrog the +25% year-to-date level. Now standing 28.3% higher i ...
ARLO ANNOUNCES SECURE 5: NEXT GENERATION OF SMART HOME SECURITY POWERED BY ARLO INTELLIGENCE
Prnewswire· 2024-09-24 12:02
Arlo Secure Subscription Plans Feature New Proprietary AI Technology to Provide Personalized ProtectionSAN JOSE, Calif., Sept. 24, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced Arlo Secure 5, the next generation of smart home security powered by Arlo Intelligence (AI). Arlo's new proprietary AI technology introduces a suite of industry-first features such as custom detections, vehicle recognition and person recognition. Arlo Secure 5 further ...
Arlo(ARLO) - 2024 Q2 - Earnings Call Transcript
2024-08-08 23:33
Arlo Technologies, Inc. (NYSE:ARLO) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Tahmin Clarke - Investor Relations Matthew McRae - Chief Executive Officer Kurt Binder - Chief Operating Officer and CFO Conference Call Participants Jacob Stephan - Lake Street Mark Cash - Raymond James Scott Searle - ROTH Capital Hamed Khorsand - BWS Financial Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode. Later, we will co ...
Arlo(ARLO) - 2024 Q2 - Earnings Call Presentation
2024-08-08 23:33
©2024 – ALL RIGH TS RESERVED Investor Presentation Q2 2024 SAFE HARBOR DISCLOSURE This presentation contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words "anticipate," "expect," "believe," "will," "may," "should," "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forw ...
Arlo Technologies (ARLO) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-08 23:01
Arlo Technologies (ARLO) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.11%. A quarter ago, it was expected that this maker of smart connected devices would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise.Over the last four quar ...
Arlo(ARLO) - 2024 Q2 - Quarterly Report
2024-08-08 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-38618 ARLO TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Delaware 38-4061754 (State or other jurisdicti ...
Arlo(ARLO) - 2024 Q2 - Quarterly Results
2024-08-08 20:02
NEWS RELEASE Arlo Reports Second Quarter 2024 Results Record service revenue of $60.3 million, growing 19.7% year over year GAAP net loss per share of $(0.12); non-GAAP net income per share of $0.10 Annual recurring revenue (ARR) ended at $235.0 million, growing 21.4% year over year (1) (2) Free cash flow (FCF) of $25.6 million with FCF margin of 10.2% in the first half of 2024 Surpassed 4 million subscribers in July 2024 Carlsbad, California – August 8, 2024 – Arlo Technologies, Inc. (NYSE: ARLO), a leadin ...
Arlo Technologies (ARLO) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-08-01 15:06
Arlo Technologies (ARLO) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...
Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08
Prnewswire· 2024-07-29 23:35
SAN JOSE, Calif., July 29, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it had made equity grants to new employees under its 2018 Equity Incentive Plan (the "Plan") in accordance with NYSE Rule 303A.08.On July 29, 2024, Arlo's Compensation and Human Capital Committee granted restricted stock units, or RSUs, to eighteen new non-executive employees covering an aggregate of 257,540 shares of the Company's common stock as an inducement for ...
Arlo Technologies (ARLO) Surges 19.7%: Is This an Indication of Further Gains?
ZACKS· 2024-07-10 15:25
Arlo Technologies (ARLO) shares rallied 19.7% in the last trading session to close at $16.52. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.7% gain over the past four weeks.Arlo is benefiting from its AI-powered subscription service surpassing 4 million paid accounts, reflecting the value consumers place on its subscription plans and service business.This maker of smart connected devices is expected to po ...