Arlo(ARLO) - 2024 Q3 - Quarterly Results

NEWS RELEASE Arlo Reports Third Quarter 2024 Results Record service revenue of $61.9 million, growing 21.2% year over year GAAP service gross margin of 76.7%; non-GAAP service gross margin of 77.4% GAAP net loss per share of$ (0.04); non-GAAP net income per share of $0.11 (1) (2) Annual recurring revenue (ARR) ended at$ 241.6 million, growing 20.8% year over year Free cash flow (FCF) of $17.4 million with FCF margin of 12.6% Carlsbad, California – November 7, 2024 – Arlo Technologies, Inc. (NYSE: ARLO), a l ...