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Arlo(ARLO) - 2024 Q1 - Earnings Call Transcript
2024-05-10 00:05
Arlo Technologies, Inc. (NYSE:ARLO) Q1 2024 Results Conference Call May 9, 2024 5:00 PM ET Company Participants Tahmin Clarke - Investor Relations Matthew McRae - Chief Executive Officer Kurt Binder - Chief Financial Officer Conference Call Participants Hamed Khorsand - BWS Financial Scott Searle - ROTH MKM Jacob Stephan - Lake Street Operator Ladies and gentlemen, thank you for standing by. At this time, all participants are on a listen only mode. Later we will conduct a question-and-answer session. [Opera ...
Arlo(ARLO) - 2024 Q1 - Quarterly Report
2024-05-09 20:23
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 March 31, 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 jurisdict ...
Arlo(ARLO) - 2024 Q1 - Quarterly Results
2024-05-09 20:08
NEWS RELEASE Arlo Reports First Quarter 2024 Results Record service revenue of $56.7 million, growing 29.0% year over year Annual recurring revenue (ARR) ended at $227.0 million, growing 24.3% year over year (1) (2) Record free cash flow (FCF) of $19.5 million with FCF margin of 15.7% GAAP net loss per share (EPS) of $(0.10); non-GAAP EPS of $0.09 Extended Verisure partnership for five additional years into 2029 Carlsbad, California - May 9, 2024 - Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home ...
ARLO TECHNOLOGIES HONORED AS GOLD STEVIE® AWARD WINNER IN 2024 AMERICAN BUSINESS AWARDS®
Prnewswire· 2024-05-09 13:04
Arlo received highest award honor within the Innovation of the Year, Consumer Products Industries category SAN JOSE, Calif., May 9, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, proudly announces it has been named a Gold Stevie® Award winner in the Innovation of the Year - Consumer Products Industries category in The 22nd Annual American Business Awards®. As the only smart home security brand in the Consumer Products category to receive a Stevie Award, the ...
Arlo(ARLO) - 2023 Q4 - Earnings Call Transcript
2024-03-01 03:35
Arlo Technologies, Inc. (NYSE:ARLO) Q4 2023 Earnings Conference Call February 29, 2024 5:00 PM ET Company Participants Tahmin Clarke - Investor Relations Matthew McRae - Chief Executive Officer Kurt Binder - Chief Financial Officer Conference Call Participants Scott Searle - ROTH MKM Jacob Stephan - Lake Street Adam Tindle - Raymond James Anthony Stoss - Craig-Hallum Hamed Khorsand - BWS Financial Operator Good afternoon, ladies and gentlemen. Thank you for standing by. At this time, I would like to welcome ...
Arlo(ARLO) - 2023 Q4 - Earnings Call Presentation
2024-02-29 23:18
arlo « Investor Presentation Q1 2024 SAFE HARBOR DISCLOSURE This presentation contains forward-looking statements within the meaning o f the U.S. Private Securities Litigation Reform Act o f 1995. The words "anticipate," "expect," "believe," "will," "may," "should," "estimate," "project," "outlook," "forecast" o r other similar words are used to identify such forward-looking statements. However, the absence o f these words does not mean that the statements are not forward-looking. The forward-looking statem ...
ARLO SURPASSES 3 MILLION PAID SUBSCRIPTION ACCOUNTS
Prnewswire· 2024-02-29 13:00
Continued Subscription Growth Illustrates Success of Ongoing Innovation and Arlo's Robust Hardware and Software Solutions SAN JOSE, Calif., Feb. 29, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its AI-powered subscription service has surpassed a milestone of 3 million paid accounts. Arlo's continued subscription growth illustrates the success of its ongoing innovations and a robust ecosystem of security solutions for home, business, and pers ...
Arlo Technologies to Present at the Raymond James Institutional Investors Conference
Businesswire· 2024-02-29 00:24
SAN JOSE, Calif.--(BUSINESS WIRE)--Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that Arlo management will present at the Raymond James Institutional Investors Conference in Orlando.   Event: Raymond James 45th Annual Institutional Investors Conference   Speakers: Matthew McRae, CEO, and Kurt Binder, CFO   Date: Tuesday, March 5, 2024   Time: 1:40 p.m. ET   Place: Orlando, FL The presentation will also be w ...
Arlo(ARLO) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 2023 ☐ 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 o ...
Arlo(ARLO) - 2023 Q4 - Annual Results
2024-02-28 16:00
NEWS RELEASE Arlo Reports Fourth Quarter and Full Year 2023 Results Record fourth quarter service revenue of $55.9 million, growing 45.9% year over year Record GAAP net earnings per diluted share (EPS) of $0.01 and record non-GAAP EPS of $0.11 in the fourth quarter Annual recurring revenue (ARR) ended at $210.1 million, growing 52.5% year over year (1) Full year service revenue of $201.2 million, growing 47.4% year over year Full year free cash flow (FCF) of $35.5 million with FCF margin of 7.2% (2) Full ye ...