secwatch.observer — SEC 8-K summary
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Issuer:     Arlo Technologies, Inc. (ARLO)
CIK:        0001736946
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001736946-23-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arlo Q1 revenue $111M above guidance; non-GAAP EPS $0.01; service rev up 47%
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- Revenue $111M, above high end of guidance; down 11% YoY; service revenue $43.9M up 47% YoY.
- GAAP net loss per share $(0.16); non-GAAP EPS $0.01; free cash flow $9M (8.5% margin).
- ARR $182.6M (+80% YoY); cumulative paid accounts over 2M (+61% YoY).
- Q2 guidance: revenue $105-115M, non-GAAP EPS $0.01-$0.07.
- Record Q1 services gross margin 73.3% GAAP; non-GAAP operating income $1.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1736946/000173694623000020/0001736946-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1736946/000173694623000020/arlo-20230511.htm
  HTML page:      https://secwatch.observer/filing/0001736946-23-000020

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