Arlo Technologies earnings, Revenue beat in Q3

  • Investing.com
Arlo Technologies earnings, Revenue beat in Q3

Investing.com - Arlo Technologies reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Arlo Technologies announced earnings per share of $-0.050 on revenue of $128.16M. Analysts polled by Investing.com anticipated EPS of $-0.108 on revenue of $124.15M.

Arlo Technologies shares are down 48.09% from the beginning of the year and are trading at $4.680 , down-from-52-week-high.

Arlo Technologies follows other major Information Technology sector earnings this month

Arlo Technologies's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.

Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.

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