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Stock impact report

Arlo Technologies: Q4 Earnings Snapshot [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
The Carlsbad, California-based company said it had net income of 1 cent per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 11 cents per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share. The maker of smart connected devices posted revenue of $135.1 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $135 million. For the current quarter ending in March, Arlo Technologies expects its per-share earnings to range from 5 cents to 11 cents. The company said it expects revenue in the range of $117 million to $127 million for the fiscal first quarter. Arlo Technologies shares have risen slightly more than 9% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.41, nearly tripling in the last 12 months. _____ This story was generated by Au Show less Read more
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