ARLO Q1 2021 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q1 2021 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$83M+26.1% YoY

Gross Profit

$26M31.3% margin

Operating Income

-$11M-13.9% margin

Net Income

-$11M-13.0% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-28.1%

Cash Flow

Operating Cash Flow

-$30M

Free Cash Flow

-$31M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$347M

Total Liabilities

$211M

Stockholders' Equity

$136M

Cash & Equivalents

$172M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$65M	+26.1%
Gross Profit	$26M	$4M	+552.8%
Operating Income	-$11M	-$41M	+72.0%
Net Income	-$11M	-$39M	+72.7%

Revenue Segments

Product

$60M72%

Service

$23M28%

Geographic Segments

UNITED STATES

$50M60%

EMEA

$25M30%

Asia Pacific

$8M10%

Americas Excluding United States

$95,0000%