Arlo Technologies Inc reports results for the quarter ended in September - Earnings Summary

Arlo Technologies

09/11/2021 23:07

* Arlo Technologies Inc  ARLO.N  reported a quarterly adjusted
loss of 8 cents​​ per share for the quarter ended in September.
The mean expectation of four analysts for the quarter was for a
loss of 14 cents per share.
* Revenue rose 0.8% to $111.15 million from a year ago; 
analysts expected $106.24 million. 
* Arlo Technologies Inc's reported EPS for the quarter was a
loss of 18 cents​.
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Arlo Technologies Inc shares had risen by 8.3% this
quarter and lost 10.9% so far this year.
* The company reported a quarterly loss of $15.2 million.
* Wall Street's median 12-month price target for Arlo
Technologies Inc is $9.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 9 at 11:07 p.m.
 ​All figures in US dollars unless otherwise stated