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AI brief of an SEC Form 8-K · Arlo Technologies (ARLO)

Arlo Q1 revenue rises 11.9% to $124.2 million; GAAP loss narrows to $(0.10) a share

Positive Impact 3 of 5 earnings Written later

Arlo Technologies reported first quarter 2024 results for the period ended March 31, 2024, with revenue of $124.2 million, up 11.9% from a year earlier but down from $135.1 million in the fourth quarter of 2023. GAAP net loss per share narrowed to $(0.10) from $(0.16) a year earlier, and non-GAAP earnings per share rose to $0.09 from $0.01. The company guided second-quarter 2024 revenue to $120 million to $130 million.

Key points

  • Services revenue of $56.7 million, up 29.0% year over year; free cash flow of $19.5 million.
  • GAAP EPS $(0.10) vs. $(0.16) a year earlier; non-GAAP EPS $0.09 vs. $0.01.
  • Q2 2024 outlook: revenue of $120 million to $130 million; GAAP EPS $(0.11) to $(0.05); non-GAAP EPS $0.06 to $0.12.
  • Verisure partnership extended for five additional years into 2029.

The filing

CompanyArlo Technologies (ARLO)
Form8-K, current report
Filed with the SECMay 9, 2024, 4:08 PM ET
Accession number0001736946-24-000021

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:58 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 09, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.