ARLO Q1 2020 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q1 2020 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$65M+13.1% YoY

Gross Profit

$4M6.0% margin

Operating Income

-$41M-62.5% margin

Net Income

-$39M-60.1% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

-46.5%

Cash Flow

Operating Cash Flow

-$49M

Free Cash Flow

-$50M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$410M

Total Liabilities

$232M

Stockholders' Equity

$179M

Cash & Equivalents

$176M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$58M	+13.1%
Gross Profit	$4M	$2M	+103.2%
Operating Income	-$41M	-$42M	+2.3%
Net Income	-$39M	-$41M	+4.7%

Revenue Segments

Product

$51M77%

Service

$15M23%

Geographic Segments

UNITED STATES

$46M70%

Asia Pacific

$8M12%

EMEA

$8M12%

Americas Excluding United States

$5M7%