ARLO Q2 2020 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q2 2020 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$67M-20.3% YoY

Gross Profit

$5M8.2% margin

Operating Income

-$30M-45.5% margin

Net Income

-$29M-43.9% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$221,000

Free Cash Flow

$148,000

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$390M

Total Liabilities

$238M

Stockholders' Equity

$152M

Cash & Equivalents

$185M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$67M	$84M	-20.3%
Gross Profit	$5M	$10M	-43.1%
Operating Income	-$30M	-$34M	+11.0%
Net Income	-$29M	-$34M	+13.2%

Revenue Segments

Product

$50M96%

NRE Service

$2M4%

Geographic Segments

UNITED STATES

$47M70%

EMEA

$11M17%

Asia Pacific

$4M7%

Americas Excluding United States

$4M6%