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.
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 (NYSE: ARLO) reported strong Q4 and full-year 2024 results, with significant growth in key metrics. Annual Recurring Revenue (ARR) reached $257.3 million, up 22.5% year-over-year, while service revenue grew 20.8% to $243.0 million for the full year.
The company achieved record Q4 service gross margins, with GAAP at 81.2% and non-GAAP at 81.7%. Full-year free cash flow increased 37% to $48.6 million, representing a 9.5% margin. Paid accounts grew substantially to 4.6 million, up 63.5% year-over-year.
Strategic developments include the launch of AI-driven Arlo Secure 5.0, which generated record premium subscriber additions. The company also announced partnerships with Origin AI, RapidSOS, and expanded collaboration with Samsung. Additionally, Arlo executed a share buyback program, repurchasing $4.4 million of shares at an average price of $11.67.
Arlo Technologies (NYSE: ARLO) has announced an expanded partnership with Samsung SmartThings, enhancing smart home security capabilities. The spring 2025 update will integrate key features from Arlo Secure 5 into the SmartThings platform, including:
- Two-way audio communication for cameras and doorbells
- Event snapshots for improved visibility
- AI-powered object detection for identifying people, vehicles, and packages
The integration allows SmartThings users to customize notifications and automations based on Arlo's advanced computer vision technology. The collaboration aims to provide a more seamless and intelligent security experience for users of both platforms, leveraging Arlo Intelligence's advanced computer vision AI and recognition engines.
Arlo Technologies (NYSE: ARLO) has announced a strategic partnership with RapidSOS, an AI-powered safety platform connected to over 21,000 911 and first responder agencies. The collaboration introduces enhanced emergency response features through video verification, allowing RapidSOS Safety Agents to assess live footage from Arlo cameras before escalating to emergency services.
The partnership offers two key services: 24/7 Emergency Response for all Arlo camera users, enabling one-tap alerts to Safety Agents, and 24/7 Professional Monitoring for Arlo Home Security System users, providing advanced protection for various security events. The integration with RapidSOS, which covers 99% of the U.S. and has powered over 600 million emergency responses, aims to reduce false alarms and improve response times by providing first responders with real-time visual confirmation and critical user information.
Arlo Technologies (NYSE: ARLO), a leading smart home security brand, has announced its participation in the Raymond James Institutional Investors Conference in Orlando.
The company will provide a management presentation that will be accessible via webcast on Arlo's IR website at http://investor.arlo.com. Interested participants are advised to join the webcast approximately 10 minutes before the scheduled start time. Following the event, a replay of the webcast will be made available on Arlo's IR website.
Arlo Technologies (NYSE: ARLO) has announced equity grants to new employees under its 2018 Equity Incentive Plan, complying with NYSE Rule 303A.08. The company's Compensation and Human Capital Committee awarded restricted stock units (RSUs) to seventeen new non-executive employees, totaling 207,226 shares of common stock.
The RSU distribution is structured in two distinct vesting schedules: Fifteen employees received grants totaling 103,943 shares that vest in four equal annual installments. The remaining grant of 103,283 shares follows a five-year vesting schedule: 15% after year one, 25% in years two through four, and 10% in year five. All RSUs are contingent on continued employment with Arlo.
Arlo Technologies (NYSE: ARLO) has scheduled its fourth quarter and full year 2024 financial results conference call for Thursday, February 27, 2025, at 5:00 p.m. ET (2:00 p.m. PT). The company will release its earnings report after market close on the same day.
Investors and analysts can participate in the live audio call using the toll-free number (833) 470-1428 for domestic calls or (404) 975-4839 for international calls, with conference ID 631583. A live webcast and replay of the conference call will be available on Arlo's Investor Relations website at http://investor.arlo.com.
Arlo Technologies (NYSE: ARLO) has announced a strategic partnership with Origin AI, securing exclusive worldwide rights to market and sell Origin AI's TruShield™ and Allos products. These solutions utilize AI Verified Human Presence™ detection technology through WiFi radio frequency signals to enhance home security monitoring.
The partnership will integrate Origin AI's sensing technologies into Arlo's future offerings, complementing their existing Arlo Intelligence suite. The company also unveiled Arlo Secure 5, their next-generation smart home security system, featuring advanced AI capabilities including Person Recognition, Vehicle Recognition, Custom Detection, and Fire Detection.
The new integrated AI-powered security offering aims to provide enhanced protection by combining Arlo's decade-long expertise in AI and computer vision with Origin's innovative RF-based detection technology, promising improved accuracy and reduced false alarms for home and business security solutions.
Arlo Technologies (NYSE: ARLO) has announced its participation in the Raymond James TMT and Consumer Conference in New York. CEO Matthew McRae will present at the event on Tuesday, December 10, 2024, at 9:20 a.m. ET. The presentation will be accessible via webcast on Arlo's IR website, with interested parties advised to join approximately 10 minutes before the start time. A replay of the webcast will be made available on the company's IR website following the event.
Arlo Technologies (NYSE: ARLO) reported strong Q3 2024 results with total revenue reaching $137.7 million, up 5.9% year over year. The company achieved record service revenue of $61.9 million, growing 21.2% YoY with a GAAP service gross margin of 76.7%. Annual Recurring Revenue (ARR) grew 20.8% to $241.6 million, while paid accounts increased 70.4% to 4.24 million. The company reported a GAAP net loss of $(0.04) per share and non-GAAP net income of $0.11 per share. Free cash flow was robust at $17.4 million with a 12.6% margin. For Q4 2024, Arlo projects revenue between $116-126 million with non-GAAP EPS of $0.07-$0.13.
Allstate and Arlo (NYSE: ARLO) have partnered to launch the Arlo Total Security bundle, a comprehensive home protection package available at a special reduced price. The bundle includes 24/7 professional monitoring, hardware components (Security System Keypad Hub, 5 All-in-One Sensors, 2 Essential 2nd Gen Outdoor cameras), and an Allstate Protection Plan with three-year extended coverage. This collaboration aims to provide affordable and connected protection for homeowners, particularly during the holiday season.