Overview
Arlo Q3 revenue slightly beats analyst expectations
The maker of smart security cameras posts adjusted EPS that surpasses analyst estimates
Record subscriptions and services revenue grows 29.2% yr/yr
Outlook
Company projects Q4 2025 revenue between $131 mln and $141 mln
Arlo expects Q4 2025 GAAP EPS between $0.00 and $0.06
Company anticipates Q4 2025 non-GAAP EPS between $0.13 and $0.19
Result Drivers
SERVICES BUSINESS - CEO attributes strong Q3 performance to growth in services business, with ARR up 33.8% yr/yr
PRODUCT LAUNCHES - Co highlights comprehensive launch of refreshed product portfolio as a driver for future growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Slight Beat* | $139.53 mln | $138.56 mln (4 Analysts) |
Q3 Adjusted EPS | Beat | $0.16 | $0.15 (4 Analysts) |
Q3 Gross Margin | 40.50% | ||
Q3 Adjusted Gross Margin | 41.40% | ||
Q3 ARR | $323 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the computer & electronics retailers peer group is "buy"
Wall Street's median 12-month price target for Arlo Technologies Inc is $22.00, about 19.5% above its November 5 closing price of $17.71
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 24 three months ago
Press Release: ID:nBw5bytJpa
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)