Compared to Estimates, Arlo Technologies (ARLO) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, Arlo Technologies (ARLO) reported revenue of $121.57 million, down 10% over the same period last year. EPS came in at $0.10, compared to $0.11 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $121.16 million, representing a surprise of +0.34%. The company delivered an EPS surprise of -9.09%, with the consensus EPS estimate being $0.11.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Arlo Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Non-GAAP gross margin - Services: 81.7% compared to the 76.7% average estimate based on two analysts. Non-GAAP gross margin - Products: -11.9% versus the two-analyst average estimate of 1.8%. Revenue- Services: $64.15 million versus the three-analyst average estimate of $63.85 million. The reported number represents a year-over-year change of +14.7%. Revenue- Products: $57.43 million versus $57.31 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -27.5% change. View all Key Company Metrics for Arlo Technologies here>>>Shares of Arlo Technologies have returned +1.4% over the past month versus the Zacks S&P 500 composite's -2.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Arlo Technologies, Inc. (ARLO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks