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Stock impact report

Arlo Technologies Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [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
Net loss: US$11.6m (loss widened by 57% from 2Q 2023). US$0.12 loss per share (further deteriorated from US$0.08 loss in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Arlo Technologies Revenues Beat Expectations, EPS Falls Short Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) missed analyst estimates by 112%. Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Electronic industry in the US. Performance of the American Electronic industry. The company's shares are down 17% from a week ago. Risk Analysis Before you take the next step you should know about the 2 warning signs for Arlo Technologies that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We Show less Read more
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