ARLO FY 2023 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

FY 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$491M+0.2% YoY

Gross Profit

$168M34.1% margin

Operating Income

-$25M-5.1% margin

Net Income

-$22M-4.5% margin

EPS (Diluted)

$-0.24

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$35M

Stock-Based Comp.

$48M

Balance Sheet

Total Assets

$286M

Total Liabilities

$182M

Stockholders' Equity

$103M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$491M	$490M	+0.2%
Gross Profit	$168M	$136M	+23.2%
Operating Income	-$25M	-$57M	+56.2%
Net Income	-$22M	-$57M	+61.1%