ARLO Q2 2019 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q2 2019 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$84M-24.7% YoY

Gross Profit

$10M11.5% margin

Operating Income

-$34M-40.8% margin

Net Income

-$34M-40.3% margin

EPS (Diluted)

$-0.45

QoQ Revenue Growth

+44.4%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$42M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$415M

Total Liabilities

$212M

Stockholders' Equity

$203M

Cash & Equivalents

$93M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$84M	$111M	-24.7%
Gross Profit	$10M	$28M	-65.9%
Operating Income	-$34M	-$16M	-110.9%
Net Income	-$34M	-$18M	-89.0%

Revenue Segments

Product

$72M87%

Service

$11M13%

Geographic Segments

UNITED STATES

$61M74%

EMEA

$15M18%

Asia Pacific

$4M5%

Americas Excluding United States

$3M4%