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Stock impact report

Arlo Technologies Inc (ARLO) Posts Record Service Revenue and Achieves First GAAP Net Earnings in Q4 [Yahoo! Finance]

Arlo Technologies, Inc. (ARLO) 
Last arlo technologies, inc. earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.netgear.com
Company Research Source: Yahoo! Finance
Annual Recurring Revenue (ARR) : ARR reached $210.1 million, marking a 52.5% growth year over year. GAAP Net Earnings : Achieved first GAAP net earnings with $0.01 per diluted share in Q4. Non-GAAP EPS : Record non-GAAP earnings per diluted share of $0.11 in Q4 and $0.28 for the full year. Free Cash Flow : Full year free cash flow of $35.5 million with a FCF margin of 7.2%. Total Revenue : Total revenue for the year slightly increased to $491.2 million. Warning! GuruFocus has detected 3 Warning Sign with ARLO. On February 29, 2024, Arlo Technologies Inc ( NYSE:ARLO ) released its 8-K filing , announcing its financial results for the fourth quarter and full year ended December 31, 2023. The company, known for its innovative security and video monitoring solutions, reported a record fourth quarter with service revenue reaching $55.9 million, a significant 45.9% increase compared to the same period last year. This growth contributed to an impressive annual recurring revenue Show less Read more
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