Arlo

Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08

Retrieved on: 
Wednesday, May 1, 2024

SAN JOSE, Calif., May 1, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it had made equity grants to new employees under its 2018 Equity Incentive Plan (the "Plan") in accordance with NYSE Rule 303A.08.

Key Points: 
  • SAN JOSE, Calif., May 1, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it had made equity grants to new employees under its 2018 Equity Incentive Plan (the "Plan") in accordance with NYSE Rule 303A.08.
  • The RSUs granted to thirteen of the employees, covering an aggregate of 53,498 shares, vest annually in four equal annual installments.
  • Upon achievement of the requisite number of incremental cumulative paid subscribers, the corresponding PSUs will be fully vested.
  • In all cases, the RSUs and PSUs are contingent on each employee's continued service with the Company at the applicable vesting date.

Powercast Demonstrates Broad Applications of Wireless Power at CES 2024, Powering Environmentally-Friendly Products Short to Long Range & Microwatts to Kilowatts

Retrieved on: 
Monday, January 8, 2024

LAS VEGAS, Jan. 8, 2024 /PRNewswire/ -- CES Powercast, the industry's complete solution for wireless power, providing short to long range and microwatts to kilowatts, will demonstrate at CES 2024, booth #51516, the breadth of solutions it can provide via its expanded portfolio. Powercast expanded its portfolio via a partnership with Powermat in 2023 to add Powermat's short-range, high-power SmartInductive™ hybrid inductive/resonance technology, best known for the smartphone charging surfaces deployed worldwide in cars and coffee shops, to its own award-winning long-distance, low-power radio-frequency (RF) technology.

Key Points: 
  • "The partnership has created a cohesive entity that saves customers from having to research power solutions, because no matter the application, our team can apply the best solution.
  • We are truly a wireless power one-stop-shop, which is a first-of-its kind convenience for customers."
  • Wireless charger demos will include those featuring RF, SmartInductive and the technologies combined:
    Ubiquity RF chargers , designed to be the industry's most economical RF chargers.
  • Wireless products that these transmitters can charge will also be demonstrated:
    A retrofitted DeWalt power drill that recharges on a SmartInductive charging surface.

Arlo Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 9, 2023

Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today reported financial results for the third quarter ended October 1, 2023.

Key Points: 
  • Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today reported financial results for the third quarter ended October 1, 2023.
  • “Our third quarter results illustrate the power of our services business, which reached $200 million in annual recurring revenue, a significant milestone that grew nearly 60% year over year.
  • This performance drove our solid free cash flow and record earnings per share, and continued Arlo's trajectory of profit expansion," said Matthew McRae, Chief Executive Officer of Arlo Technologies.
  • Successful launch of Essential 2 camera portfolio targeted at creating a lower price entry point into the Arlo ecosystem.

ARLO TECHNOLOGIES NAMED IN NEWSWEEK'S 2024 1000 EXCELLENCE INDEX

Retrieved on: 
Wednesday, November 29, 2023

SAN JOSE, Calif., Nov. 29, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, proudly announces it has been recognized as the No. 14 company on the 2024 Newsweek Excellence 1000 Index, a list of the top 1000 companies that have demonstrated best practices in financial responsibility, stakeholder ratings, and social responsibility ratings. Arlo is the only smart home security brand in the IoT category to be named in the top 100. The recognition speaks to Arlo's ongoing innovation and a robust ecosystem of award-winning hardware, software, and services, as well as their industry-leading commitment to data privacy and protection.

Key Points: 
  • 14 company on the 2024 Newsweek Excellence 1000 Index , a list of the top 1000 companies that have demonstrated best practices in financial responsibility, stakeholder ratings, and social responsibility ratings.
  • Arlo is the only smart home security brand in the IoT category to be named in the top 100.
  • The 2024 Newsweek 1000 Excellence Index is the result of a collaboration with the Best Practice Institute, a leadership development and benchmark research company.
  • For the full list of the 2024 Newsweek 1000 Excellence Index, please visit https://www.newsweek.com/rankings/newsweek-excellence-index-2024 .

NEW ARLO TOTAL SECURITY SUBSCRIPTIONS OFFER 24/7 PROFESSIONAL MONITORING AND HARDWARE PACKAGES TO PROTECT YOUR EVERYTHING

Retrieved on: 
Thursday, November 9, 2023

SAN JOSE, Calif., Nov. 9, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced Arlo Total Security, a comprehensive subscription service offering 24/7 professional monitoring and security hardware at affordable monthly prices and no upfront costs. Starting at only $9.99 a month, Arlo Total Security offers three service tiers providing complete security and delivering peace of mind for every household.

Key Points: 
  • (NYSE: ARLO), a leading smart home security brand, today announced Arlo Total Security , a comprehensive subscription service offering 24/7 professional monitoring and security hardware at affordable monthly prices and no upfront costs.
  • Starting at only $9.99 a month, Arlo Total Security offers three service tiers providing complete security and delivering peace of mind for every household.
  • Arlo Total Security exemplifies Arlo's mission to create innovative, easy-to-install smart security solutions that deliver an exceptional user experience.
  • Arlo Total Security subscriptions are available now with quick and easy 36-month financing available through Affirm.

ARLO UNVEILS NEW ESSENTIAL CAMERAS AND DOORBELLS TO PROVIDE AFFORDABLE SMART HOME SECURITY THAT PROTECTS YOUR EVERYTHING

Retrieved on: 
Tuesday, September 19, 2023

SAN JOSE, Calif., Sept. 19, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its second generation Essential cameras and doorbells that deliver smart home protection at an incredible value. The new lineup features the Arlo Essential XL Outdoor Camera with 4X the battery life1 of the new standard Essential Outdoor Camera, as well as a new Essential Indoor Camera with an automated privacy shield. A new Video Doorbell with head-to-toe 180-degree field of view is also available. The Arlo second generation Essential cameras and doorbells are available now for pre-sale on Arlo.com, Amazon and Best Buy.

Key Points: 
  • Featuring the Arlo Essential XL Outdoor Camera with 4X Battery Life, Arlo's New Second Generation Essential Cameras and Doorbells Deliver Smart Home Protection at an Incredible Value
    SAN JOSE, Calif., Sept. 19, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its second generation Essential cameras and doorbells that deliver smart home protection at an incredible value.
  • The Arlo second generation Essential cameras and doorbells are available now for pre-sale on Arlo.com, Amazon and Best Buy.
  • "Arlo prides itself in building trusted, lifelong customer relationships with innovative, award-winning security solutions that deliver an exceptional user experience," said Matt McRae, CEO at Arlo.
  • The all-new second generation Essential cameras and doorbells offer several new advancements, providing customers with powerful smart home security solutions at affordable price points.

ARLO EMPOWERS PING IDENTITY EMPLOYEES WITH IMPROVED PHYSICAL SECURITY

Retrieved on: 
Thursday, May 11, 2023

SAN JOSE, Calif., May 11, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced a partnership with Ping Identity, the intelligent identity solution for the enterprise. The new benefit will provide Ping Identity's approximately 800 US employees with an Arlo Safe subscription to deliver comprehensive on-the-go personal, family and car safety.

Key Points: 
  • Arlo Safe Offered to Ping Identity Employees to Provide On-the-Go Personal, Family and Car Safety
    SAN JOSE, Calif., May 11, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced a partnership with Ping Identity , the intelligent identity solution for the enterprise.
  • "We are excited to offer our employees additional peace of mind through the Arlo Safe app and subscription," said Andre Durand, CEO and founder of Ping Identity.
  • "Arlo offers an additional layer of security to their physical identity, so we can remain focused on securing digital identities around the world."
  • For more information on Arlo Safe and the full range of Arlo smart home security products and services, visit www.Arlo.com .

ARLO SURPASSES 2 MILLION PAID SUBSCRIBERS

Retrieved on: 
Thursday, March 16, 2023

SAN JOSE, Calif., March 16, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced it has surpassed 2 million total paid subscribers. The success speaks to the brand's ongoing innovation and robust ecosystem of award-winning hardware, software, and services. From comprehensive and customizable smart notifications to 24/7 Emergency Response and Professional Monitoring, Arlo makes it simple for users to protect their everything with the utmost peace of mind.

Key Points: 
  • (NYSE: ARLO), a leading smart home security brand, today announced it has surpassed 2 million total paid subscribers.
  • "After adding 189,000 paid accounts in Q4 2022, Arlo continued to acquire new subscribers in Q1, reaching 2 million total subscribers and doubling our paid accounts in just five quarters," said Matt McRae, CEO of Arlo.
  • "Additionally, new products like the Arlo Home Security System backed by Professional Monitoring and Arlo Safe will add to our pace of subscriber acquisition in 2023.
  • Features of Arlo Safe subscriptions include:
    Personal Safety Response – One touch access to real time emergency help via the Arlo Safe application or Arlo Safe button accessory.

Arlo Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, March 7, 2023

Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today reported financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today reported financial results for the fourth quarter and full year ended December 31, 2022.
  • “Arlo executed well during a transformative 2022, delivering Q4 revenue above guidance and full year revenue that rose 13% year over year.
  • Our high-margin subscription business continues its strong growth, adding almost 800,000 paid accounts in 2022 and surpassing 2 million total paid accounts next week.
  • This milestone reflects an inflection point in our business that will lead to record levels of profitability for Arlo going forward," said Matthew McRae, Chief Executive Officer of Arlo Technologies.

ARLO TOTAL SECURITY SUBSCRIPTIONS TO BE POWERED BY CITIZENS PAY

Retrieved on: 
Tuesday, March 7, 2023

SAN JOSE, Calif., March 7, 2023 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand announced today an integrated partnership with Citizens Pay, a market leader in consumer installment financing, to lower the barrier of entry and broaden the market for DIY home security. Plans include 0% APR financing and a simple point-of-sale experience for consumers.

Key Points: 
  • Arlo Total Security powered by Citizens Pay will allow consumers to avoid the upfront investment typically required by DIY security purchases while bundling the hardware and professional monitoring into a single, low monthly payment.
  • "Over 20 million households are paying too much for outdated home security solutions," said Matt McRae, CEO at Arlo.
  • "Arlo Total Security subscriptions will offer the latest technology and a true comprehensive safety and security solution with a superior user experience at a lower monthly price."
  • "We're excited to partner with Arlo to pioneer consumer installment financing in the DIY home security space, broadening access to their industry-leading home security technology and offering a responsible way for consumers to pay off over time," said Christine Roberts, Head of Citizens Pay.