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Stock impact report

Arlo Reports Fourth Quarter and Full Year 2024 Results [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
Record Q4 GAAP service gross margin of 81.2%; record non-GAAP service gross margin of 81.7% Full year free cash flow (FCF) of $48.6 million with FCF margin of 9.5% CARLSBAD, Calif., February 27, 2025 BUSINESS WIRE )--Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security platform company, today reported financial results for the fourth quarter and full year ended December 31, 2024. "Arlo's strategy is delivering outstanding results, expanding our subscriber base and producing strong ARR and profitability growth in 2024, with ARR and service revenue growth both exceeding 20% and a 390-basis point increase in non-GAAP service gross margin. Arlo achieved 37% growth in free cash flow, reaching a free cash flow margin of almost 10% for the full year," said Matthew McRae, Chief Executive Officer of Arlo Technologies. "Our innovation is paying dividends as the launch of AI-driven Arlo Secure 5.0 generated more premium subscriber additions than any other platform launch in Show less Read more
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