ARLO Q2 2022 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q2 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$119M+20.7% YoY

Gross Profit

$34M28.4% margin

Operating Income

-$11M-9.5% margin

Net Income

-$12M-9.7% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$300M

Total Liabilities

$197M

Stockholders' Equity

$102M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$99M	+20.7%
Gross Profit	$34M	$26M	+28.9%
Operating Income	-$11M	-$26M	+56.1%
Net Income	-$12M	-$23M	+50.4%

Revenue Segments

Product

$86M72%

Service

$33M28%

Geographic Segments

UNITED STATES

$60M50%

EMEA

$54M46%

Asia Pacific

$4M3%

Americas Excluding United States

$348,0000%