Arlo Technologies: Q4 Earnings Snapshot
By AP News
Published - Mar 07, 2023, 04:32 PM ET
Last Updated - Jun 22, 2023, 05:35 PM EDT
CARLSBAD, Calif. (AP) — CARLSBAD, Calif. (AP) — Arlo Technologies Inc. (ARLO) on Tuesday reported a loss of $22.2 million in its fourth quarter.
The Carlsbad, California-based company said it had a loss of 25 cents per share. Losses, adjusted for stock option expense and restructuring costs, came to 4 cents per share.
The maker of smart connected devices posted revenue of $118.5 million in the period.
For the year, the company reported that its loss widened to $56.6 million, or 65 cents per share. Revenue was reported as $490.4 million.
