Arlo Technologies (ARLO) reported strong fourth-quarter results, exceeding Zacks Consensus Estimates for both earnings and revenue. The company posted earnings of $0.22 per share, beating the $0.16 estimate, and revenues of $141.3 million, topping the $135.54 million estimate. Despite this positive performance, Arlo’s shares have underperformed the market year-to-date, and investors are now looking to management commentary for future insights.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Arlo Technologies (ARLO) Tops Q4 Earnings and Revenue Estimates
Arlo Technologies (ARLO) reported strong fourth-quarter results, exceeding Zacks Consensus Estimates for both earnings and revenue. The company posted earnings of $0.22 per share, beating the $0.16 estimate, and revenues of $141.3 million, topping the $135.54 million estimate. Despite this positive performance, Arlo’s shares have underperformed the market year-to-date, and investors are now looking to management commentary for future insights.