Arlo Technologies: Q1 Earnings Snapshot
By AP News
Published - May 11, 2023, 05:07 PM ET
Last Updated - Jun 21, 2023, 08:22 PM EDT
CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Arlo Technologies Inc. (ARLO) on Thursday reported a loss of $14.2 million in its first quarter.
The Carlsbad, California-based company said it had a loss of 16 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 1 cent per share.
The maker of smart connected devices posted revenue of $111 million in the period.
For the current quarter ending in June, Arlo Technologies expects its per-share earnings to range from 1 cent to 7 cents.
