earnings
confidence high
sentiment neutral
materiality 0.75
Arlo Q4 revenue $118.5M (-17% YoY); full-year revenue $490.4M (+13%)
Arlo Technologies, Inc.
- Q4 GAAP net loss per diluted share $(0.25); non-GAAP loss per share $(0.04).
- Full-year service revenue $136M (+32% YoY); Q4 ARR $137.8M (+53% YoY).
- Cumulative paid accounts ~1.9M; added 189K paid accounts in Q4.
- Q1 2023 revenue guidance $100-$110M; GAAP loss per share $(0.23)-$(0.17).
- Ending cash and equivalents $113.7M with no balance drawn on credit facility.