Shares of Arlo Technologies ARLO fell in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 87.10% year over year to ($0.04), which beat the estimate of ($0.15).
Revenue of $98,571,000 higher by 47.93% year over year, which beat the estimate of $86,890,000.
Outlook
Arlo Sees Q3 Adj. EPS $(0.19)-$(0.12) vs $(0.03) Estimate, Sales $100M-$110M vs $117.7M Est.
Conference Call Details
Date: Aug 04, 2021
Time: 05:00 PM
Price Action
52-week high: $10.49
Company's 52-week low was at $4.29
Price action over last quarter: down 7.73%
Company Profile
Arlo Technologies Inc is engaged in the provision of security and video monitoring solutions for homes and businesses. Its product portfolio comprises Arlo Security Camera, Arlo Q and Arlo Q Plus, Arlo Pro, Arlo Baby, Arlo Audio Doorbell and Arlo Chime, and Arlo Security Light. The company conducts its business across three geographic regions: Americas; Europe, Middle-East and Africa; and Asia Pacific. Geographically the company receives maximum revenue from the Americas.
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