Arlo Technologies Stock Price, News & Analysis

Arlo Technologies (NYSE: ARLO) has launched its inaugural national advertising campaign, titled "Protect Your Everything," aimed at addressing everyday security concerns. The campaign comprises relatable narratives reflecting common anxieties such as home safety and package theft. It will run across various media platforms including Bravo, Hulu, and ESPN, alongside digital ads. The initiative highlights Arlo's advanced smart home security solutions, reinforcing a growing market demand for safety in homes, particularly as 42% of Americans feel unsafe in their homes.

On July 25, 2022, Arlo Technologies (NYSE: ARLO) granted restricted stock units (RSUs) to 15 new non-executive employees as part of its 2018 Equity Incentive Plan. The total of 329,881 shares will vest over four years, dependent on continued service. This equity grant aligns with NYSE Rule 303A.08, aimed at attracting talent and enhancing employee engagement. Arlo continues to innovate in the smart home security sector, emphasizing user privacy and data protection.

Arlo Technologies, Inc. (NYSE: ARLO) will conduct a conference call on August 9, 2022, at 5:00 p.m. ET to discuss its second quarter 2022 results. The related news release will be available after market close on the same day. Investors can join via a toll-free number or through a live webcast on the company's Investor Relations website. Arlo continues to focus on delivering innovative smart home solutions, emphasizing user privacy and data security while launching several cutting-edge connected devices.

Arlo Technologies (NYSE: ARLO) reported strong Q1 2022 results with revenue hitting $124.8 million, a 51.1% increase year-over-year, surpassing guidance. This resulted in a record non-GAAP gross profit of $34.5 million, with a GAAP gross margin of 26.9%. The company achieved an annual recurring revenue (ARR) of $101.3 million, growing 74% year-over-year. Notably, Arlo recorded a GAAP operating loss of $8.7 million, but a non-GAAP operating profit of $1.0 million. The company anticipates Q2 revenue between $105 million and $115 million.

Arlo Technologies announced the upcoming launch of its Go 2 LTE/Wi-Fi Security Camera at T-Mobile on May 19, 2022. Designed for remote monitoring of various locations, the camera offers versatile connectivity through 4G LTE and Wi-Fi. Available for $99 with a new qualifying line, its features include a 100% wire-free design, weather resistance, 1080p HD video, color night vision, and a built-in siren. A complimentary three-month trial of Arlo Secure is included, providing 30-day cloud recordings and emergency response services.

On April 25, 2022, Arlo Technologies (NYSE: ARLO) announced equity grants for five new employees under its 2018 Equity Incentive Plan. These grants included 104,221 restricted stock units (RSUs), vesting over four years contingent on continued employment. This move aims to attract talent as the company continues to innovate in smart home security. Arlo remains committed to user privacy and data protection while enhancing its product offerings.

Arlo Technologies, Inc. (NYSE: ARLO) has announced a conference call scheduled for May 10, 2022, at 5:00 p.m. ET to discuss its Q1 2022 results. The earnings release will be shared after market close on the same day. Investors can participate by dialing (888) 660-6387 (toll-free) or (929) 203-1909 (international), using conference ID 7749064. A live webcast will be available on Arlo's Investor Relations website, with a replay following the call.

Arlo Technologies, Inc. (NYSE: ARLO) announced that its CEO Matthew McRae and CFO Gordon Mattingly will present at two upcoming investor events. The first is the Raymond James Institutional Investors Conference on March 7, 2022, at 1:40 p.m. ET in Orlando, FL. The second is the JMP Securities Technology Conference on March 8, 2022, at 10:00 a.m. PT in San Francisco, CA. Both presentations will be available via webcast on Arlo's IR website, starting 10 minutes before each event.

Arlo Technologies reported strong financial results for Q4 and FY 2021, with revenue of $142.9 million, a 24.4% year-over-year increase. The company achieved non-GAAP operating profit of $3.5 million, marking its first such profit as a public entity. Annual Recurring Revenue (ARR) reached $90.1 million, growing 94% year over year. Despite a GAAP operating loss of $7.2 million, the company's service revenue rose to $103.5 million, a 43.2% increase. Looking ahead, Arlo anticipates Q1 2022 revenue between $110 million and $120 million.