ARLO Q1 2022 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q1 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$125M+51.1% YoY

Gross Profit

$34M26.9% margin

Operating Income

-$9M-7.0% margin

Net Income

-$8M-6.8% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

-12.7%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$25M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$312M

Total Liabilities

$200M

Stockholders' Equity

$112M

Cash & Equivalents

$101M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$125M	$83M	+51.1%
Gross Profit	$34M	$26M	+30.1%
Operating Income	-$9M	-$11M	+24.4%
Net Income	-$8M	-$11M	+20.9%

Revenue Segments

Product

$95M76%

Service

$30M24%

Geographic Segments

UNITED STATES

$65M52%

EMEA

$50M40%

Asia Pacific

$6M5%

Americas Excluding United States

$3M3%