Loading...
•
Dec 31, 2022
Arlo Q4 2022 Earnings Report
Reported Q4 2022 results, with revenue above guidance and subscription business showing strong growth.
Key Takeaways
Arlo Technologies reported a decrease in Q4 revenue by 17% year over year but experienced growth in service revenue and ARR. The company added 189,000 paid accounts in Q4. They are expecting record levels of profitability for Arlo going forward.
Q4 total revenue was $118.5 million, a decrease of 17.0% year over year.
Record Q4 service revenue of $38.3 million, for growth of 34.6% year over year.
ARR ended the quarter at $137.8 million, growing 52.9% year over year.
Added 189,000 paid accounts in Q4, a year over year decrease of 0.5%.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Arlo expects Q1 2023 revenue between $100 million and $110 million, with a GAAP net loss per diluted share between $(0.23) and $(0.17) and a non-GAAP net loss per diluted share between $(0.07) and $(0.01).
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...