Arlo(ARLO) - 2024 Q1 - Quarterly Results

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 ...