Arlo Q3 revenue rises 5.9% to $137.7 million; GAAP loss widens to $0.04 a share
Arlo Technologies reported third-quarter 2024 revenue of $137.7 million, up 5.9% from a year earlier, with service revenue of $61.9 million up 21.2%. The GAAP net loss per share widened to $(0.04) from $(0.01), while non-GAAP net income per share rose to $0.11 from $0.09. The company guided fourth-quarter revenue to $116 million to $126 million.
Key points
- Q3 2024 revenue $137.7 million, up 5.9% from $130.0 million in Q3 2023
- Service revenue $61.9 million, up 21.2% year over year; annual recurring revenue $241.6 million, up 20.8%
- GAAP net loss per share $(0.04) vs. $(0.01) a year earlier; non-GAAP net income per share $0.11 vs. $0.09
- Q4 2024 outlook: revenue $116 million to $126 million; GAAP EPS $(0.06) to $0.00; non-GAAP EPS $0.07 to $0.13
The filing
Written by AI on Nov 8, 2026, 6:57 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 November 07, 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.