Workflow
Arlo(ARLO) - 2024 Q2 - Quarterly Results
ARLOArlo(ARLO)2024-08-08 20:02

NEWS RELEASE Arlo Reports Second Quarter 2024 Results Record service revenue of 60.3million,growing19.760.3 million, growing 19.7% year over year GAAP net loss per share of (0.12); non-GAAP net income per share of 0.10Annualrecurringrevenue(ARR)endedat0.10 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 ...