Arlo Technologies (ARLO) Q2 Earnings and Revenues Surpass Estimates
Arlo Technologies, Inc. (ARLO)- recovering from rough 5 days/good earn
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Arlo Technologies (ARLO) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this maker of smart connected devices would post a loss of $0.05 per share when it actually produced earnings of $0.01, delivering a surprise of 120%.