ARLO Q4 2022 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q4 2022 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$119M-17.0% YoY

Gross Profit

$32M27.0% margin

Operating Income

-$22M-18.9% margin

Net Income

-$22M-18.7% margin

EPS (Diluted)

$-0.25

QoQ Revenue Growth

-7.5%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$12M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$272M

Total Liabilities

$185M

Stockholders' Equity

$88M

Cash & Equivalents

$84M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$143M	-17.0%
Gross Profit	$32M	$32M	+0.8%
Operating Income	-$22M	-$7M	-210.2%
Net Income	-$22M	-$7M	-226.2%

Revenue Segments

Product

$80M68%

Service

$38M32%

Geographic Segments

SPAIN

$136M46%

UNITED STATES

$72M25%

IRELAND

$44M15%

Other Countries

$42M14%