Arlo Technologies Expects Q1 Revenue Of $117M-$127M (Est $122.37M), Adj EPS Of $0.05-$0.11 (Est $0.08)
Portfolio Pulse from Benzinga Newsdesk
Arlo Technologies projects its Q1 revenue to be between $117M-$127M, with an estimated consensus of $122.37M. The company also forecasts its adjusted EPS to range from $0.05 to $0.11, aligning with an estimated consensus of $0.08.
February 29, 2024 | 10:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Arlo Technologies expects its Q1 revenue to be in the range of $117M-$127M, closely aligning with the consensus estimate of $122.37M. The adjusted EPS is forecasted to be between $0.05 and $0.11, which is in line with the consensus estimate of $0.08.
Arlo Technologies' revenue and EPS forecasts are in line with market expectations, indicating a positive outlook for the company's financial performance in the short term. This alignment with consensus estimates suggests a stable financial position, likely leading to a positive investor sentiment and potentially an upward movement in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100