ARLO Q4 2023 Earnings — Arlo Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ARLOArlo Technologies, Inc.

$1B

Q4 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$135M+14.0% YoY

Gross Profit

$47M35.0% margin

Operating Income

-$458,000-0.3% margin

Net Income

$692,0000.5% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$8M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$286M

Total Liabilities

$182M

Stockholders' Equity

$103M

Cash & Equivalents

$57M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$135M	$119M	+14.0%
Gross Profit	$47M	$32M	+48.1%
Operating Income	-$458,000	-$22M	+98.0%
Net Income	$692,000	-$22M	+103.1%

Revenue Segments

Product

$158M60%

Service

$107M40%

Geographic Segments

UNITED STATES

$86M63%

SPAIN

$23M17%

Other Countries

$19M14%

IRELAND

$8M6%