ARLO Q3 2019 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q3 2019 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$106M-19.1% YoY

Gross Profit

$11M9.9% margin

Operating Income

-$31M-29.3% margin

Net Income

-$31M-28.8% margin

EPS (Diluted)

$-0.41

QoQ Revenue Growth

+26.9%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$14M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$427M

Total Liabilities

$247M

Stockholders' Equity

$180M

Cash & Equivalents

$114M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$106M	$131M	-19.1%
Gross Profit	$11M	$30M	-64.7%
Operating Income	-$31M	-$13M	-132.2%
Net Income	-$31M	-$13M	-131.3%

Revenue Segments

Product

$94M89%

Service

$12M11%

Geographic Segments

UNITED STATES

$81M77%

EMEA

$13M12%

Asia Pacific

$8M7%

Americas Excluding United States

$4M4%