Arlo(ARLO) - 2023 Q4 - Annual Results

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 ...