ARLO Q1 2019 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q1 2019 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$58M-42.5% YoY

Gross Profit

$2M3.4% margin

Operating Income

-$42M-72.4% margin

Net Income

-$41M-71.3% margin

EPS (Diluted)

$-0.55

QoQ Revenue Growth

-55.2%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$20M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$480M

Total Liabilities

$248M

Stockholders' Equity

$232M

Cash & Equivalents

$136M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$101M	-42.5%
Gross Profit	$2M	$29M	-93.3%
Operating Income	-$42M	-$6M	-645.3%
Net Income	-$41M	-$5M	-669.8%

Revenue Segments

Product

$47M81%

Service

$11M19%

Geographic Segments

UNITED STATES

$42M72%

EMEA

$9M16%

Asia Pacific

$4M7%

Americas Excluding United States

$3M4%