Arlo Technologies: Q4 Earnings Snapshot

CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Arlo Technologies Inc. (ARLO) on Tuesday reported a loss of $22.2 million in its fourth quarter.

The Carlsbad, California-based company said it had a loss of 25 cents per share. Losses, adjusted for stock option expense and restructuring costs, came to 4 cents per share.

The maker of smart connected devices posted revenue of $118.5 million in the period.

For the year, the company reported that its loss widened to $56.6 million, or 65 cents per share. Revenue was reported as $490.4 million.

For the current quarter ending in March, Arlo Technologies expects its results to range from a loss of 7 cents per share to a loss of 1 cent per share.

In the final minutes of trading on Tuesday, the company’s shares hit $3.57. A year ago, they were trading at $10.27.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ARLO at

Copyright © 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

More from WTOP

Log in to your WTOP account for notifications and alerts customized for you.

Sign up