ARLO Q3 2021 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q3 2021 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$111M+0.8% YoY

Gross Profit

$24M21.9% margin

Operating Income

-$16M-14.0% margin

Net Income

-$15M-13.7% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+12.8%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$10M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$333M

Total Liabilities

$221M

Stockholders' Equity

$112M

Cash & Equivalents

$166M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$111M	$110M	+0.8%
Gross Profit	$24M	$21M	+13.7%
Operating Income	-$16M	-$18M	+13.1%
Net Income	-$15M	-$17M	+13.0%

Revenue Segments

Product

$84M76%

Service

$27M24%

Geographic Segments

UNITED STATES

$72M65%

EMEA

$31M28%

Asia Pacific

$6M5%

Americas Excluding United States

$2M2%