Arlo Technologies, Inc. (ARLO) Tops Q4 EPS by 2c
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Arlo Reports Fourth Quarter and Full Year 2018 Results
February 5, 2019 4:05 PM EST27.3% Full Year Revenue Growth
84.6% Paid Subscriber Growth Year Over Year
SAN JOSE, Calif.--(BUSINESS WIRE)-- Arlo Technologies, Inc. (NYSE: ARLO), the #1 network connected camera brand, today reported financial results for the fourth quarter and full year ended December31, 2018.
Financial Highlights (1)
Fourth quarter revenue of $129.3 million, an increase of 3.6% year over year. Fourth quarter GAAP gross margin of 9.3%; non-GAAP gross margin of 9.9%. Fourth quarter GAAP net loss per diluted share of $0.43, non-GAAP net loss per diluted... More