Arlo Technologies Sees Q3 EPS $0.08-$0.14 Vs $0.11 Est.; Revenue $132M-$142M Vs $135.69M Est.
Portfolio Pulse from Benzinga Newsdesk
Arlo Technologies has provided its Q3 2024 business outlook, projecting non-GAAP EPS between $0.08 and $0.14, compared to the $0.11 estimate. Revenue is expected to be between $132 million and $142 million, versus the $135.69 million estimate. The outlook does not account for unknown income and expense items that could arise late in the quarter.
August 08, 2024 | 8:38 pm
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Arlo Technologies has provided its Q3 2024 business outlook, projecting non-GAAP EPS between $0.08 and $0.14, compared to the $0.11 estimate. Revenue is expected to be between $132 million and $142 million, versus the $135.69 million estimate.
The projected non-GAAP EPS range is above the estimate, which is likely to be viewed positively by investors. The revenue range is also within a reasonable range of the estimate, suggesting stable performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100