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ARLO Arlo Technologies News Story

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Arlo Technologies up on upbeat revenue forecast, profit beat

** Shares of smart‑home security firm Arlo Technologies ARLO.N jump about 23% to $14.30 in early trading

**  Co forecasts Q1 revenue between $135 million and $145 million, above analysts' average estimate of $133.5 million – LSEG-compiled data

**  Expects Q1 adjusted EPS of $0.17 to $0.23, compared with estimates of $0.17

** ARLO posts Q4 revenue of $141.3 million and adjusted EPS $0.22, above analysts' expectation of $135.6 million and $0.16, respectively

**  Q4 revenue driven by new product launches and strong growth in services business - CEO Matthew McRae

**  Including session's moves, stock down ~12% YTD

 (Reporting by Krisha Bhatt in Bengaluru)

 ((Krisha.Bhatt@thomsonreuters.com;))

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