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ARLO Q2 2023 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena
ARLO
Arlo Technologies, Inc.
$1B
Q2 2023 Earnings
Industrials
Security & Protection Services
Income Statement
Revenue
$115M
-3.3% YoY
Gross Profit
$42M
36.4% margin
Operating Income
-$8M
-7.0% margin
Net Income
-$7M
-6.4% margin
EPS (Diluted)
$-0.08
QoQ Revenue Growth
+3.7%
Cash Flow
Operating Cash Flow
$13M
Free Cash Flow
$12M
Stock-Based Comp.
$13M
Balance Sheet
Total Assets
$269M
Total Liabilities
$187M
Stockholders' Equity
$82M
Cash & Equivalents
$62M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$115M
$119M
-3.3%
Gross Profit
$42M
$34M
+24.1%
Operating Income
-$8M
-$11M
+29.2%
Net Income
-$7M
-$12M
+36.3%
Revenue Segments
Product
$65M
56%
Service
$50M
44%
Geographic Segments
UNITED STATES
$78M
68%
SPAIN
$20M
17%
Other Countries
$13M
12%
IRELAND
$4M
4%
← FY 2023
All Quarters
Q3 2023 →