ARLO Q3 2020 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q3 2020 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$110M+3.9% YoY

Gross Profit

$21M19.4% margin

Operating Income

-$18M-16.3% margin

Net Income

-$17M-15.8% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

+65.4%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$12M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$389M

Total Liabilities

$247M

Stockholders' Equity

$142M

Cash & Equivalents

$174M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$110M	$106M	+3.9%
Gross Profit	$21M	$11M	+103.8%
Operating Income	-$18M	-$31M	+42.2%
Net Income	-$17M	-$31M	+42.9%

Revenue Segments

Product

$91M98%

NRE Service

$2M2%

Geographic Segments

UNITED STATES

$74M67%

EMEA

$28M25%

Asia Pacific

$6M6%

Americas Excluding United States

$2M2%