ARLO Q3 2022 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q3 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$128M+15.3% YoY

Gross Profit

$37M28.7% margin

Operating Income

-$14M-11.3% margin

Net Income

-$14M-11.3% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$331M

Total Liabilities

$234M

Stockholders' Equity

$97M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$111M	+15.3%
Gross Profit	$37M	$24M	+51.0%
Operating Income	-$14M	-$16M	+7.5%
Net Income	-$14M	-$15M	+5.0%

Revenue Segments

Product

$93M72%

Service

$35M28%

Geographic Segments

UNITED STATES

$71M55%

EMEA

$53M41%

Asia Pacific

$5M4%