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ARLO News
ARLO Events
Raises FY26 Revenue Outlook to $580M-$600M
Raises FY26 revenue view to $580M-$600M from $550M-$580M, consensus $565.85M.
Arlo Technologies Q2 Revenue Reaches $156M, Exceeds Expectations
Reports Q2 revenue $156M, consensus $148.95M. "We delivered outstanding financial results in the period with record total revenue of $156 million, up 21% year over year and record adjusted EBITDA of $31 million with EBITDA margin of 20%. Continued strength in subscriptions and services revenue drove the top and bottom-line growth, resulting in record levels of both consolidated non-GAAP gross margin and non-GAAP net income. As a result, we are increasing our annual guidance on both total revenue and EPS for the year," said Matthew McRae, Chief Executive Officer of Arlo Technologies. "Our operational execution is best-in-class, and the Arlo brand gained further recognition on Newsweek's list of the Most Trustworthy Companies in America. We are proud that our exceptional user experience and trusted lifelong customer relationships are catalysts for our strategic partners to make Arlo their trusted technology brand of choice for safety and security solutions."
Sees Q3 Revenue of $140M-$150M
Sees Q3 revenue $140M-$150M, consensus $148.95M.
Dow Jones Slightly Up, Nasdaq Surges After Jobs Report
The Dow Jones closed slightly in positive territory, while the S&P 500 and Nasdaq were sharply higher after the April jobs report beat forecasts. Chip stocks rebounded after yesterday's pause, helping lift the Nasdaq back toward record territory. Oil briefly pushed back above $100 after renewed U.S.-Iran clashes in the Strait of Hormuz, but equities have largely treated each flare-up as temporary noise.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiawillin Irenand announced a partnership between the two companiesExpediareported, affirmed its FY26 revenue guidance, and announced a new $5B stock buyback authorizationAkamaireportedand provided its outlook for Q2 and FY26Blockprovided areport for Q1President Trump has signed off on a plan to fire Food and Drug Administration Commissioner Marty Makary,2. WALL STREET CALLS:BofAHubSpotto Underperform, while Citi, William Blair and Cantor Fitzgerald also downgraded HubSpot to Neutral-equivalent ratings after the company's Q1 results and commentaryDaiwaQualcommto OutperformWells FargoNiketo Equal WeightMorgan Stanley, TD Cowen and BofAPlanet Fitnessto Neutral-equivalent ratingsCraig-HallumAkamaito Buy3. AROUND THE WEB:PG&Ereleased an inquiry saying it was aware of damage at the Mission substation responsible for a December blackout in San Francisco but left the damaged equipment in place, SF Standard reportsAnthropic reached a cloud computing deal with Akamai, Bloomberg saysMeanwhile, Anthropic is weighing a deal for a nearly $1T valuation, FT reportsMeta'sAI push is causing anger and anxiety among the company's employees, NY Times reportsThe U.S. suspects Nvidiachips were smuggled tot Alibabavia Thailand, Bloomberg reports4. MOVERS:Monster Beverageadvanced after reportingArlo Technologiesrose afterand reiterating its FY26 outlookRocket Lab USAgained after providing anCloudflarefell after providing areport but also announcing 1,100 layoffsCoreWeavedeclined after reporting5. EARNINGS/GUIDANCE:Toyotareported a year-over-yearYelpand reiterated its FY26 revenue outlookGrouponreportedCoinbasereported a sharp drop inWendy'sreportedINDEXES:The Dow rose 12.19, or 0.025%, to 49,609.16, the Nasdaq gained 440.88, or 1.71%, to 26,247.08, and the S&P 500 advanced 61.82, or 0.84%, to 7,398.93.
Nasdaq Rises as Chip Stocks Rebound
Stocks were broadly higher near noon after the April jobs report beat forecasts. Chip stocks are rebounding after yesterday's pause, helping lift the Nasdaq back toward record territory. Oil briefly pushed back above $100 after renewed U.S.-Iran clashes in the Strait of Hormuz, but equities have largely treated each flare-up as temporary noise.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nvidiawillin Irenand announced a partnership between the two companiesExpediareported, affirmed its FY26 revenue guidance, and announced a new $5B stock buyback authorizationAkamaireportedand provided its outlook for Q2 and FY26Blockprovided areport for Q1Toyotareported a year-over-year2. WALL STREET CALLS:BofAHubSpotto Underperform, while Citi, William Blair and Cantor Fitzgerald also downgraded HubSpot to Neutral-equivalent ratings after the company's Q1 results and commentaryDaiwaQualcommto OutperformWells FargoNiketo Equal WeightMorgan Stanley, TD Cowen and BofAPlanet Fitnessto Neutral-equivalent ratingsCraig-HallumAkamaito Buy3. AROUND THE WEB:Meta'sAI push is causing anger and anxiety among the company's employees, NY Times reportsAmazonhas experienced a cloud outage at its north Virginia data center, Reuters reportsAnthropic is weighing a deal for a nearly $1T valuation, FT reportsThe U.S. suspects Nvidiachips were smuggled tot Alibabavia Thailand, Bloomberg reportsSoftBankhas downsized plans for a $10B margin loan backed by its OpenAI stake after hesitation from some creditors, Bloomberg says4. MOVERS:Monster Beveragehigher afterArlo Technologiesrises afterand reiterating its FY26 outlookRocket Lab USAgains after providing anCloudflarelower after providing abut also announcing 1,100 layoffsCoreWeavefalls after reporting5. EARNINGS/GUIDANCE:Yelpand reiterated its FY26 revenue outlookGrouponreportedCoinbasereported a sharp drop inWendy'sreportedTexas Roadhousereportedand affirmed its FY26 store growth outlookINDEXES:Near midday, the Dow was up 0.07%, or 34.97, to 49,631.94, the Nasdaq was up 1.35%, or 348.00, to 26,154.20, and the S&P 500 was up 0.76%, or 56.03, to 7,393.14.
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