ARLO Q3 2024 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q3 2024 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$138M+5.9% YoY

Gross Profit

$48M35.2% margin

Operating Income

-$5M-4.0% margin

Net Income

-$4M-3.2% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$17M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$312M

Total Liabilities

$215M

Stockholders' Equity

$97M

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$138M	$130M	+5.9%
Gross Profit	$48M	$43M	+12.2%
Operating Income	-$5M	-$2M	-139.6%
Net Income	-$4M	-$1M	-296.3%

Revenue Segments

Product

$76M55%

Service

$62M45%

Geographic Segments

UNITED STATES

$71M52%

SPAIN

$35M25%

Other Countries

$18M13%

IRELAND

$13M10%