ARLO Q2 2021 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q2 2021 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$99M+47.9% YoY

Gross Profit

$26M26.5% margin

Operating Income

-$26M-26.2% margin

Net Income

-$23M-23.7% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

+19.4%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$6M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$331M

Total Liabilities

$216M

Stockholders' Equity

$115M

Cash & Equivalents

$179M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$99M	$67M	+47.9%
Gross Profit	$26M	$5M	+376.8%
Operating Income	-$26M	-$30M	+14.9%
Net Income	-$23M	-$29M	+20.3%

Revenue Segments

Product

$73M74%

Service

$25M26%

Geographic Segments

UNITED STATES

$66M67%

EMEA

$25M25%

Asia Pacific

$7M7%

Americas Excluding United States

$185,0000%