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Arlo Technologies, Inc. reports news tied to its smart home security platform, connected security devices, and subscription services. The company offers cloud-based monitoring and analytics for homes, businesses, and personal security through products such as wire-free Wi-Fi and LTE-enabled cameras, video doorbells, floodlights, security systems, and services including Arlo Secure and Arlo Safe.
Recurring updates cover subscriptions and services revenue, annual recurring revenue, gross margin trends, product and service expansion, investor events, employee equity awards, and capital allocation actions such as stock repurchases. News also reflects Arlo's completed expansion into AI-powered aging-in-place and wellness care services through the acquisition of Aloe Care Health.
Arlo Technologies, Inc. (NYSE: ARLO) has expanded its Essential Series of wire-free security cameras with the launch of the Arlo Essential XL Spotlight and Arlo Essential models. The Essential XL Spotlight Camera boasts an impressive one-year battery life per charge and features 1080p HD video, integrated spotlight, two-way audio, and motion detection alerts, all priced at $149.99. The Arlo Essential Camera will be available at Walmart this holiday season for $99.99. Both models are designed for easy installation and compatibility with existing Arlo systems, enhancing user convenience.
Arlo Technologies has launched the Essential Wire-Free Video Doorbell, designed for easy installation without wires. This new doorbell features an impressive 180-degree viewing angle and enables direct-to-mobile video calls for immediate communication with visitors. It supports multiple power options, including a rechargeable battery or hardwiring. The doorbell, priced at $199.99, is available for pre-order and will enhance Arlo's home security ecosystem.
It also includes an AI subscription service offering smart notifications. Users can customize their experience with the Arlo App.
Arlo Technologies (NYSE: ARLO) has signed an agreement with Securitas USA to integrate its SmartCloud™ SaaS solution into Securitas's monitoring platform. This partnership enables the addition of Arlo security cameras to enhance remote guarding services for commercial clients. The Remote Guarding Go (RGGo) service will utilize Arlo's AI-enabled cameras, allowing Securitas to efficiently monitor assets. The collaboration aims to leverage advanced analytics and live streaming to improve security while adapting to new market needs, particularly during the COVID-19 pandemic.
Arlo Technologies introduces the Essential Spotlight Camera, expanding its smart home security lineup. Featuring 1080p HD video, two-way audio, and an integrated spotlight with color night vision, this wire-free camera is now available for pre-order at an MSRP of $129.99. Key features include motion detection alerts, a built-in siren, and compatibility with major platforms like Amazon Alexa and Google Assistant. Customers receive a three-month trial of Arlo Smart, which offers personalized alerts and emergency service access.