Shares of Arlo Technologies (NYSE:ARLO) moved higher in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 91.18% year over year to ($0.03), which beat the estimate of ($0.21).
Revenue of $82,556,000 up by 26.14% year over year, which beat the estimate of $76,810,000.
Outlook
Q2 EPS expected between ($0.20) and ($0.13).
Q2 revenue expected between $80,000,000 and $90,000,000.
How To Listen To The Conference Call
Date: May 05, 2021
Time: 05:00 PM
Recent Stock Performance
Company’s 52-week high was at $10.49
Company’s 52-week low was at $1.91
Price action over last quarter: down 15.56%
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.
