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

Arlo reports Q2 revenue up 10.8% to $127.4 million; GAAP net loss widens

Mixed Impact 3 of 5 earnings Written later

Arlo Technologies reported second-quarter 2024 revenue of $127.4 million, up 10.8% year over year, with service revenue of $60.3 million up 19.7%. GAAP net loss was $11.6 million, or $(0.12) per share, versus $(0.08) a year earlier, while non-GAAP net income per share rose to $0.10 from $0.06. The company guided third-quarter revenue to $132 million to $142 million and GAAP net loss per share to $(0.07) to $(0.01).

Key points

Q2 2024 revenue $127.4 million, up 10.8% year over year; service revenue $60.3 million, up 19.7%
GAAP net loss per share $(0.12) in Q2 2024 versus $(0.08) in Q2 2023; non-GAAP net income per share $0.10 versus $0.06
Q3 2024 outlook: revenue $132 million to $142 million; GAAP net loss per share $(0.07) to $(0.01); non-GAAP $0.08 to $0.14
Ended Q2 with $144.0 million in cash and short-term investments and annual recurring revenue of $235.0 million, up 21.4%

The filing

CompanyArlo Technologies (ARLO)

Form8-K, current report

Filed with the SECAug 8, 2024, 4:02 PM ET

Accession number0001736946-24-000033

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing 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 August 08, 2024.

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