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Dec 31, 2021
Arlo Q4 2021 Earnings Report
Reported strong Q4 2021 results, exceeding revenue and non-GAAP EPS guidance, and achieved non-GAAP operating profit for the first time as a public company.
Key Takeaways
Arlo Technologies, Inc. reported a 24.4% year-over-year increase in revenue to $142.9 million for Q4 2021. The company achieved a GAAP operating loss of $7.2 million but a non-GAAP operating profit of $3.5 million. Arlo added a record 190,000 paid accounts in the quarter, driving strong recurring revenue growth, and exited 2021 with an Annual Recurring Revenue (ARR) of $90.1 million, up 94% year-over-year.
Revenue increased by 24.4% year-over-year to $142.9 million.
GAAP operating loss decreased to $7.2 million, while non-GAAP operating profit reached $3.5 million.
A record 190,000 paid accounts were added, representing a 141% year-over-year increase.
Annual Recurring Revenue (ARR) grew by 94% year-over-year, reaching $90.1 million.
Revenue by Geographic Location
Forward Guidance
Arlo anticipates revenue between $110.0 million and $120.0 million and a GAAP net loss per diluted share between $(0.19) and $(0.13), and non-GAAP net loss per diluted share of $(0.06) to $0.00 for the first quarter of 2022.
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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