Compared to Estimates, Arlo Technologies (ARLO) Q4 Earnings: A Look at Key Metrics

Core Insights - Arlo Technologies reported a revenue of $121.57 million for the quarter ended December 2024, which is a 10% decrease compared to the same period last year [1] - The company's EPS was$ 0.10, down from $0.11 in the year-ago quarter, and the revenue slightly exceeded the Zacks Consensus Estimate of$ 121.16 million, resulting in a surprise of +0.34% [1] - However, the EPS fell short of the consensus estimate of $0.11, leading to an EPS surprise of -9.09% [1] Financial Performance Metrics - Non-GAAP gross margin for Services was reported at 81.7%, surpassing the average estimate of 76.7% based on two analysts [4] - Non-GAAP gross margin for Products was -11.9%, significantly below the average estimate of 1.8% from two analysts [4] - Revenue from Services was$ 64.15 million, exceeding the three-analyst average estimate of $63.85 million, reflecting a year-over-year increase of +14.7% [4] - Revenue from Products was$ 57.43 million, slightly above the estimated $57.31 million, but this represents a year-over-year decline of -27.5% [4] Stock Performance - Over the past month, Arlo Technologies' shares have returned +1.4%, contrasting with a -2.2% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [3]