Nov. 6 at 9:07 PM
$ARLO Annual recurring revenue (ARR)(1) ended at
$323 million, growing 33.8% year over year
Record subscriptions and services revenue of approximately
$80 million, growing 29.2% year over year
Record GAAP subscriptions and services gross margin of 84.5%; record non-GAAP subscriptions and services gross margin of 85.1%
Adjusted EBITDA(2) of
$17 million; adjusted EBITDA margin of 12.2%
Record GAAP earnings per share (EPS) of
$0.07; non-GAAP EPS of
$0.16
