Welcome to our dedicated page for Arlo Technologies news (Ticker: ARLO), a resource for investors and traders seeking the latest updates and insights on Arlo Technologies stock.
News about Arlo Technologies, Inc. (NYSE: ARLO) centers on its role as a smart home security platform company and smart home security brand, combining connected devices, AI-powered analytics, and cloud services. Company announcements frequently highlight developments in its home, business, and personal security solutions and the performance of its subscription-based services.
Investors and followers of ARLO news can expect updates on product launches, such as new generations of security cameras and pan tilt models, as well as enhancements to the Arlo Secure and Arlo Secure 6 platforms. Press releases describe how Arlo Intelligence, using AI and computer vision, supports features like object detection and advanced alerts across Arlo’s devices.
Arlo’s news flow also includes partnership and ecosystem updates. For example, the company has announced an expanded partnership with Samsung SmartThings to integrate Arlo’s Smart Security Platform capabilities and AI-powered object detection into the SmartThings app. Arlo has also referenced a strategic partner relationship with ADT in connection with its subscription momentum.
Regular financial results announcements are another key component of ARLO news. Through earnings press releases and related Form 8‑K filings, Arlo reports on metrics such as annual recurring revenue, subscriptions and services revenue, gross margins, adjusted EBITDA, and non‑GAAP net income per share. These updates often discuss the growth of its services business and the role of AI-driven platforms like Arlo Secure 6.
Additional news items may cover equity grants and corporate governance matters, including inducement awards to new employees under equity incentive plans and outcomes of the company’s annual meeting of stockholders. For ongoing insight into Arlo’s smart security strategy, product roadmap, and subscription trends, readers can follow this news feed as new releases and regulatory communications are issued.
Arlo Technologies, Inc. (NYSE: ARLO) announced equity grants to new employees under its 2018 Equity Incentive Plan on November 15, 2021. The Compensation Committee granted restricted stock units (RSUs) covering 1,002,111 shares, aiming to attract new talent. Of these, 935,000 shares will vest annually over five years, contingent on employee service. Arlo is committed to privacy and security, emphasizing control over personal data. The company continues to innovate in smart home security, delivering award-winning products that enhance user experience.
Arlo Technologies (NYSE: ARLO) reported Q3 2021 results exceeding revenue and non-GAAP EPS guidance. Revenue reached $111.1 million, a 0.8% increase year over year, while service revenue soared to $27.0 million, growing 42% year over year. The company announced an Annual Recurring Revenue (ARR) of $80 million, representing a 103% increase. Cash and equivalents totaled $166.1 million, with no debt. Arlo added 182,000 paid accounts in Q3, a 214% increase year over year, and forecasts Q4 revenue between $130 million to $140 million.
Arlo Technologies announces the launch of the Arlo Go 2 LTE/Wi-Fi Security Camera, designed for secure monitoring in areas lacking reliable Wi-Fi. Priced at $249.99, this device offers 4G LTE connectivity, a wire-free design, and 1080p HD video with color night vision. It features two-way audio, a built-in siren, and GPS positioning for theft recovery. Users can utilize a three-month trial of Arlo Secure for enhanced security features. Currently available via Verizon, additional carriers will be added next year.
Arlo Technologies, Inc. (NYSE: ARLO) will hold a conference call on November 9, 2021 at 5:00 p.m. ET to discuss its third quarter 2021 results. The results will be released after the market closes on the same day. Investors can join the call using a toll-free number, and a live webcast will be available on the company's Investor Relations website. Arlo emphasizes a commitment to user privacy and security while providing innovative smart home solutions.
Arlo Technologies, Inc. (NYSE: ARLO) announced significant compatibility enhancements with major smart home platforms including Amazon Alexa, Apple HomeKit, Google Home Assistant, IFTTT, and Samsung SmartThings. These upgrades enhance user experience, allowing seamless voice command functionalities, motion notifications, and live video feeds across various smart devices. Arlo's commitment to innovation provides users flexibility in managing home security regardless of their preferred smart home ecosystem, ensuring an integrated security solution.
Arlo Technologies (NYSE: ARLO) announced an expanded availability of its products through a strategic partnership with Calix (NYSE: CALX). This collaboration allows millions of U.S. subscribers to access Arlo's advanced security solutions via over 1,600 Broadband Service Providers (BSP). With DIY security systems growing to 55% of the market, this partnership aims to increase accessibility for consumers, especially in non-metropolitan areas. The integration enables BSPs to offer Arlo's products as managed services, enhancing their service offerings and potential revenue.
Arlo Technologies, Inc. (NYSE: ARLO) announced the appointment of Catriona Fallon to its Board of Directors and as Chair of the Audit Committee, filling a vacant seat and expanding the board to seven members. CEO Matthew McRae emphasized her financial and technology expertise as a significant asset as Arlo continues to innovate in home security. Fallon, current CFO at Aktana, has held similar roles in several tech firms and brings a wealth of experience to Arlo, aiming to enhance product offerings while maintaining user privacy.
Arlo Technologies, Inc. (NYSE: ARLO) reported Q2 2021 results with a revenue of $98.6 million, up 47.9% year-over-year, and a GAAP gross profit of $26.2 million, an increase of 376.8%. The non-GAAP gross margin stood at 27.9%. Despite a GAAP net loss per diluted share of $(0.28), service revenue hit a record $25.3 million, up 48.3% year-over-year. The company expects Q3 revenue between $100.0 million and $110.0 million. A non-cash impairment charge of $9.1 million was recorded due to office subleasing.
Arlo Technologies, Inc. (NYSE: ARLO) has launched AI-based subscription services, Arlo Secure and Secure Plus, offering unlimited device support, advanced AI object detection, and a new Emergency Response feature. Customers can call for help with one touch, expediting emergency responses. The Secure plan starts at $9.99 per month, while Secure Plus is priced at $14.99 per month, featuring enhanced video quality and emergency services. A three-month free trial is available with hardware purchases starting July 21, 2021.
Arlo Technologies, Inc. (NYSE: ARLO) will host a conference call on August 4, 2021, at 5:00 p.m. ET to discuss its second quarter 2021 results. The news release detailing these results will be released after the market closes on the same day. Investors can join the call using a toll-free number or via a live webcast on Arlo's Investor Relations website. Arlo is recognized for its innovative smart home security solutions, focused on delivering user-friendly products while also prioritizing user data privacy.