Highest-materiality recent filing
Arlo Q2 revenue $156M (+21% YoY), record adj. EBITDA $31M, raises FY guidance
Record total revenue $156M, up 21% YoY; subscriptions & services revenue $93M (+19% YoY).
Arlo shareholders re-elect three directors, ratify Deloitte, approve say-on-pay
Class II directors elected: Summers (86.99M for), Aggarwal (73.31M for), Rothstein (73.56M for), with ~9.39M broker non-votes each.
Arlo Q1: record revenue $150.4M, EPS $0.14; adjusted EBITDA $30.4M (+85% YoY)
Record subscriptions & services revenue $90.1M (+30.9% YoY); ARR $356.9M (+29.2% YoY).
Arlo amends bylaws; adds proxy access for long-term 3% holders
Adds proxy access: stockholder/group owning 3% for 3+ years may nominate up to 20% of board.
Arlo Q4 ARR $330.5M (+28% YoY); record subscription rev; Comcast partnership announced
Q4 subscriptions and services revenue $89.4M (+39% YoY), 63.3% of total revenue; ARR $330.5M (+28%).
Arlo Q3 2025: Record subscriptions revenue $79.9M, ARR up 34% YoY, GAAP EPS $0.07
Q3 revenue $139.5M; subscriptions revenue $79.9M (+29.2% YoY), 57.3% of total revenue.
Arlo reports record Q2: ARR $316M (+34%), subs rev $78M (+30%), GAAP EPS $0.03
Record subscriptions and services revenue of $78.2M, up 29.7% YoY; GAAP subs gross margin 84.3%.
Arlo elects directors, ratifies auditor, approves say-on-pay at 2025 annual meeting
Ralph Faison (66.1M for, 17.1M withheld) and Jocelyn Carter-Miller (76.8M for, 6.4M withheld) elected as Class I directors.
Arlo Q1: record non-GAAP EPS $0.15, free cash flow $28.1M, ARR up 21.8%
Subscriptions and services revenue $68.8M (+21.4% YoY); ARR $276.4M (+21.8% YoY).
Arlo Q4 ARR $257.3M (+22.5% YoY), record service margin 81.7%, FY FCF $48.6M
ARR ended at $257.3M, up 22.5% YoY; cumulative paid accounts grew 63.5% YoY to 4.6M.
Arlo enters $45M revolving credit facility with HSBC; no amounts drawn
Three-year revolving credit facility of $45M maturing Nov 14, 2027; includes $10M LC sublimit.
Arlo amends CEO and GC retention agreements, replaces cash bonus with performance RSUs
Committee approved amendment for CEO Matt McRae and GC Brian Busse: final cash bonus replaced with performance-vesting RSUs.
Arlo Q3: Record service revenue $61.9M (+21% YoY); non-GAAP EPS $0.11, FCF $17.4M
Record service revenue $61.9M, up 21.2% YoY; ARR $241.6M, up 20.8% YoY.
Arlo authorizes $50M stock repurchase program through end of 2026
Board approved repurchase of up to $50 million of common stock, through open-market purchases.
Arlo Q2 revenue $127.4M (+10.8% YoY); service revenue record $60.3M; non-GAAP EPS $0.10
Q2 total revenue $127.4M, up 10.8% YoY; service revenue record $60.3M, up 19.7% YoY.
Arlo shareholders reject advisory vote on executive compensation at 2024 annual meeting
Proposal 3 (say-on-pay): 30.99M for, 42.99M against, 1.82M abstain – not approved.
Arlo Q1: record service revenue $56.7M (+29% YoY); GAAP loss $(0.10), non-GAAP EPS $0.09
Record service revenue $56.7M (+29% YoY); ARR $227.0M (+24.3% YoY).
Arlo Technologies dismisses PwC as auditor, appoints Deloitte & Touche
Audit committee dismissed PwC as independent auditor effective March 27, 2024 after a competitive selection process.
Arlo names CFO Kurt Binder as additional Chief Operating Officer
Kurt Binder appointed COO effective Feb 28, 2024, retaining his CFO role.
Arlo reports Q4 GAAP EPS $0.01, non-GAAP EPS $0.11; record service revenue $55.9M
Q4 total revenue $135.1M (+14% YoY); service revenue $55.9M (record, +45.9% YoY).
Arlo Q3 revenue $130M at high-end guidance; non-GAAP EPS $0.09 record; ARR $200M (+59.5% YoY)
Revenue $130.0M, up 1.4% YoY, at high end of guidance; service revenue $51.0M (+44% YoY).
Arlo Q2: record non-GAAP EPS $0.06, service revenue up 53.5% YoY, ARR $194M (+66%)
Revenue $115.1M (-3.3% YoY); service revenue $50.3M (+53.5% YoY) at top of guidance range.
Arlo Technologies reports 2023 annual meeting voting results; directors elected, PwC ratified
Class II directors Prashant Aggarwal, Amy Rothstein, Grady Summers elected to serve until 2026 annual meeting.
Arlo Q1 revenue $111M above guidance; non-GAAP EPS $0.01; service rev up 47%
Revenue $111M, above high end of guidance; down 11% YoY; service revenue $43.9M up 47% YoY.
Arlo Technologies discloses minimal SVB exposure of $21K (0.03% of cash)
Holds $21,000 (0.03% of total cash and cash equivalents) at Silicon Valley Bank as of March 10, 2023.
Arlo Q4 revenue $118.5M (-17% YoY); full-year revenue $490.4M (+13%)
Q4 GAAP net loss per diluted share $(0.25); non-GAAP loss per share $(0.04).
Arlo Q3 revenue $128.2M (+15% YoY), ARR $125.4M (+56%), GAAP EPS $(0.16)
Q3 total revenue of $128.2M, up 15.3% YoY; service revenue $35.4M, up 31.3%.
Arlo Technologies names Kurt Binder CFO; Mattingly resigns; retention plan approved
Gordon Mattingly resigns as CFO effective Sept 21, 2022; no disagreement with company operations or policies.
Arlo Technologies amends 2018 equity plan to reserve 1.5M shares for inducement awards to new hires
Board unanimously approved amendment on August 11, 2022, to reserve an additional 1,500,000 shares for inducement awards to new employees under NYSE Rule 303A.08.
Arlo Q2 revenue $119M (+20.7% YoY); ARR $117M (+67%); third straight non-GAAP operating profit
Q2 revenue $119.0M, up 20.7% YoY, above high-end of guidance; record Q2 revenue.
Arlo Technologies reports 2022 annual meeting results; elects two Class I directors
Ralph E. Faison re-elected with 43.2M votes for, 13.1M withheld; Jocelyn E. Carter-Miller with 38.2M for, 18.1M withheld.
Arlo Q1 revenue $124.8M (+51% YoY); ARR hits $101.3M (+74%); guides Q2 down
Revenue $124.8M vs guidance high-end; GAAP gross profit record $33.6M; non-GAAP gross profit $34.5M.
Arlo Q4 revenue $142.9M (+24.4% YoY); first non-GAAP operating profit $3.5M
GAAP net loss per share $(0.08); non-GAAP EPS $0.04, above guidance.
Arlo Q3 revenue $111.1M beats guidance; raises Q4 outlook
Revenue $111.1M (+0.8% YoY); GAAP EPS $(0.18), non-GAAP $(0.08); both above high-end of guidance.
Three-year revolving credit facility maturing Oct 27, 2024; borrowing base tied to eligible receivables.
Arlo appoints Catriona Fallon to Board, naming her Audit Committee Chair
Catriona Fallon appointed as Class III director, term through 2024 annual meeting.
Arlo beats Q2 revenue and non-GAAP EPS guidance; revenue up 48% YoY to $98.6M
Revenue of $98.6M, +47.9% YoY; non-GAAP EPS loss of $(0.04) beat high-end outlook.
Arlo CEO receives PSU grant of 757,600 shares; plan amended to add 1.5M inducement shares
Compensation Committee approved amendment to 2018 Equity Incentive Plan to reserve 1,500,000 additional shares exclusively for inducement awards to new employees, without stockholder approval.
Arlo subleases 78,000 sq ft office space to Vocera through 2029
Sublease effective June 29, 2021; term from Feb 1, 2022 to June 30, 2029.
On February 29, 2024, Arlo Technologies, Inc. (“ Company ”) announced that the Compensation and Human Capital Committee (“ Committee ”) of the Board of Directors (“ Board ”) of the Company had, on February 2, 2024, approved the appointment of Kurt Binder as the Company’s Chief Operating Officer, effective as of February 28, 2024 (“ Start Date ”).
On August 22, 2022, Gordon Mattingly informed Arlo Technologies, Inc. (“ Company ”) of his resignation from the positions of Chief Financial Officer, principal financial officer and principal accounting officer of the Company, to be effective as of September 21, 2022.
On August 22, 2022, the Board of Directors of the Company (the “ Board ”) appointed Kurt Binder as the Company’s Chief Financial Officer, principal financial officer and principal accounting officer, to be effective as of September 26, 2022
On August 16, 2021, the Board of Directors (the “Board”) of Arlo Technologies, Inc. (the “Company”) appointed Catriona Fallon as a member of the Board upon the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”).
Max materiality 0.85 · Median 0.70 · Most common event earnings