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Stock impact report

Arlo Technologies Inc (ARLO) Q3 2024 Earnings Call Highlights: Strong Service Revenue Growth ... [Yahoo! Finance]

Arlo Technologies, Inc. (ARLO) 
Last arlo technologies, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.netgear.com
Company Research Source: Yahoo! Finance
Non-GAAP Gross Profit: $49.5 million, a 12% increase year-over-year. Non-GAAP Gross Margin: 36% for the quarter. Non-GAAP Service Gross Margin: 77%, up over 300 basis points from last year. Non-GAAP Operating Income: $10.8 million, an 8% operating margin. Non-GAAP Net Income: $11.8 million, or $0.11 per diluted share. Free Cash Flow: $17.4 million, representing a free cash flow margin of over 12%. Paid Subscribers: Increased by 255,000 to reach 4.2 million. Annual Recurring Revenue (ARR): $242 million, up more than 21% year-over-year. Cash and Equivalents: $146.6 million at quarter end. Warning! GuruFocus has detected 1 Warning Sign with ARLO. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Arlo Technologies Inc ( NYSE:ARLO ) reported a 6% increase in total revenue for Q3 2024, reaching $137.7 million. The services business achieved record growth, with service revenue increas Show less Read more
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