Arlo Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
Arlo Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
Arlo Technologies, Inc. ARLO.N reported quarterly adjusted earnings of 28 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of six analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 18 cents to 22 cents per share.
Revenue rose 20.5% to $155.94 million from a year ago; analysts expected $148.75 million.
Arlo Technologies, Inc.'s reported EPS for the quarter was 3 cents.
The company reported quarterly net income of $3.03 million.
Arlo Technologies, Inc. shares had risen by 18.2% this quarter and gained 13.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy"
Wall Street's median 12-month price target for Arlo Technologies, Inc. is $21.00, about 26.3% above its last closing price of $15.47
This summary was machine generated from LSEG data August 6 at 10:42 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.20 | 0.28 | Beat |
Mar. 31 2026 | 0.19 | 0.28 | Beat |
Dec. 31 2025 | 0.16 | 0.22 | Beat |
Sep. 30 2025 | 0.15 | 0.16 | Beat |
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Arlo Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
Arlo Technologies Q2 revenue beats estimates
Brief: Arlo Technologies Q2 Adjusted EPS USD 0.28 Vs. IBES Estimate USD 0.2