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Jul 03, 2022
Arlo Q2 2022 Earnings Report
Reported second quarter results with revenue growth exceeding guidance and ARR growing year over year.
Key Takeaways
Arlo Technologies reported a record revenue of $119.0 million for Q2 2022, a 20.7% increase year-over-year. The company's ARR grew by 67% year-over-year, reaching $117 million. Arlo achieved record non-GAAP gross profit and its third consecutive quarter of non-GAAP operating profitability.
Q2 ARR ended at $117 million, growing 67% year over year
Revenue Growth of 20.7% year over year, exceeding high-end of Guidance for the Quarter
Record GAAP gross profit of $33.7 million, record non-GAAP gross profit of $35.1 million
113% Year over Year growth in Cumulative Paid Accounts, surpassing 1.5 million in July
Revenue by Geographic Location
Forward Guidance
Arlo expects revenue between $125.0 million and $135.0 million. GAAP net loss per diluted share is expected to be between $(0.28) and $(0.21), and non-GAAP net loss per diluted share is expected to be between $(0.17) and $(0.10).
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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