Arlo Technologies Stock Price, News & Analysis

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.

Arlo Technologies, Inc. (NYSE: ARLO) will host a Virtual Investor Day on March 1, 2022, from 5:00 p.m. ET to 7:00 p.m. ET. The event will cover the Company’s fourth quarter and full year 2021 results, along with the outlook for 2022 and insights into its services business. A news release with the financial results will be issued after the market closes on the same day. The event will be available via a live webcast on Arlo’s Investor Relations website.

Arlo Technologies, Inc. (NYSE: ARLO) unveiled the Arlo Security System, a cutting-edge DIY security solution, at CES 2022. This system features a unique all-in-one multi-sensor capable of eight sensing functions, which outperforms traditional single-sensing devices. Recognized as a CES Innovation Award honoree, it integrates seamlessly with existing Arlo cameras and includes a modular hub with NFC technology, a siren, and an integrated keypad. With its focus on user-friendly security, this system aims to enhance home monitoring for users while addressing common market pain points.

Arlo Technologies (NYSE: ARLO) announces its support for Matter, a new connectivity standard aimed at improving interoperability among smart home devices. This partnership positions Arlo as a leader in the smart home security market, ensuring users can access Arlo features seamlessly across various third-party devices. The engagement with Matter highlights Arlo's commitment to innovation and cross-platform compatibility, aiming to provide intuitive and secure home security solutions. This strategic move reflects Arlo's ongoing dedication to enhancing the smart home experience for users.

Arlo Technologies, Inc. (NYSE: ARLO) will have its CEO, Matthew McRae, and CFO, Gordon Mattingly, present at the Raymond James 2021 Virtual Technology Investors Conference on December 6, 2021, at 11:30 a.m. ET. The presentation will also be available via webcast on Arlo's investor relations website. Arlo is recognized for its innovative security cameras and commitment to user privacy and data protection, focusing on delivering a smart home experience with various connected devices.

Arlo Technologies, Inc. (NYSE: ARLO) announced a significant milestone, surpassing 1 million paid accounts for its AI-powered subscription service. This growth, which nearly doubled since March 2021, showcases the company’s innovation in smart home security and customer-centric solutions. New features, including 24/7 Emergency Response and advanced AI detection, enhance user experience. Arlo Secure plans start at $9.99 per month, offering unlimited device support. The brand’s commitment to security and privacy is reflected in its ongoing product development and customer service enhancements.