ARLO TECHNOLOGIES, INC.


Associated tags: Wi-Fi, Software, LTE, Arlo Technologies, NYSE, Arlo, Internet, Mobile, Wireless, Mobile phone, Privacy, Consumer Electronics, Legislation, SAN

Locations: FLORIDA, UNITED STATES, NORTH AMERICA, CALIFORNIA, MCRAE, NOTRE DAME

Arlo Announces Changes to Executive Leadership Team to Drive Expansion of Consumer-Oriented, Services-First Strategy

Retrieved on: 
Thursday, February 29, 2024

Samir is a seasoned C-level technology executive with deep experience leading complex engineering organizations across hardware, software, and SaaS technology companies.

Key Points: 
  • Samir is a seasoned C-level technology executive with deep experience leading complex engineering organizations across hardware, software, and SaaS technology companies.
  • With a proven track record of success at companies including Fitbit and Life360, where he also served as Chief Technology Officer, Samir’s appointment will further strengthen Arlo’s executive leadership team as it focuses on the acceleration of its services-first strategy.
  • “As Arlo looks forward to its next stage of growth, we are excited to welcome Samir into Arlo’s executive leadership as its new Chief Technology Officer,” said Matthew McRae, Arlo CEO.
  • “I am thrilled to join the Arlo leadership team and leverage my consumer-centric, services-first experience to accelerate the execution of Arlo’s services-first strategy, increase customer satisfaction, and maximize shareholder value,” said Samir Kapoor.

Arlo Technologies to Present at the Raymond James Institutional Investors Conference

Retrieved on: 
Thursday, February 29, 2024

The presentation will also be webcast on Arlo’s IR website at http://investor.arlo.com . Interested parties should access the webcast approximately 10 minutes before the scheduled start time. The webcast replay will be available as soon as possible following the event on Arlo’s IR website.

Key Points: 

The presentation will also be webcast on Arlo’s IR website at http://investor.arlo.com . Interested parties should access the webcast approximately 10 minutes before the scheduled start time. The webcast replay will be available as soon as possible following the event on Arlo’s IR website.

Arlo Technologies to Update Long-Term Financial Targets during Virtual Investor Day

Retrieved on: 
Monday, February 26, 2024

ET (2:00 p.m. PT), the Company will provide a slide presentation focused on a detailed strategic overview and update to its long-term financial outlook in addition to discussing fourth quarter and full year 2023 results.

Key Points: 
  • ET (2:00 p.m. PT), the Company will provide a slide presentation focused on a detailed strategic overview and update to its long-term financial outlook in addition to discussing fourth quarter and full year 2023 results.
  • During the event, Arlo management will discuss the Company’s outlook for the first quarter and full year 2024, provide a comprehensive strategy review, and update its targets on key metrics associated with the development of a new long-range plan.
  • The news release announcing the fourth quarter and full year 2023 results will be disseminated on February 29, 2024, after the market closes.
  • To view the presentation a live webcast of the conference call will be available on Arlo’s Investor Relations website at http://investor.arlo.com .

ARLO SURPASSES 3 MILLION PAID SUBSCRIPTION ACCOUNTS

Retrieved on: 
Thursday, February 29, 2024

SAN JOSE, Calif., Feb. 29, 2024 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced its AI-powered subscription service has surpassed a milestone of 3 million paid accounts. Arlo's continued subscription growth illustrates the success of its ongoing innovations and a robust ecosystem of security solutions for home, business, and personal safety.

Key Points: 
  • (NYSE: ARLO), a leading smart home security brand, today announced its AI-powered subscription service has surpassed a milestone of 3 million paid accounts.
  • "Arlo launched the first consumer AI subscription in June of 2018, revolutionizing the security market and foretelling the incredible value the technology can create for users across many industries.
  • Arlo Secure subscription plans currently start at $12.99 per month to support unlimited home security devices with up to 4K video recordings.
  • Features of Arlo Secure, Secure Plus and Safe & Secure Pro subscriptions include1:
    24/7 Emergency Response (Arlo Secure Plus, Safe & Secure Pro) – With one touch, dispatch fire, police, or medical responders to the camera's location.

Arlo Technologies Schedules Fourth Quarter and Full Year 2023 Results Conference Call

Retrieved on: 
Tuesday, January 30, 2024

Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it will hold a conference call with investors and analysts on Thursday, February 29, 2024 at 5:00 p.m.

Key Points: 
  • Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it will hold a conference call with investors and analysts on Thursday, February 29, 2024 at 5:00 p.m.
  • ET (2:00 p.m. PT) to discuss the Company’s fourth quarter and full year 2023 results.
  • The news release announcing the fourth quarter and full year 2023 results will be disseminated on February 29, 2024 after the market closes.
  • A live webcast of the conference call will be available on Arlo’s Investor Relations website at http://investor.arlo.com .

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

Retrieved on: 
Friday, February 2, 2024

SAN JOSE, Calif., Feb. 2, 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., Feb. 2, 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.
  • On February 1, 2024, Arlo's Compensation and Human Capital Committee granted restricted stock units, or RSUs, to twenty-four new non-executive employees covering an aggregate of 213,874 shares of the Company's common stock as an inducement for such employees to join the Company.
  • The RSU's granted to twenty-three of the employees, covering an aggregate of 140,338 shares, vest annually in four equal annual installments.
  • In all cases, the RSUs are contingent on each employee's continued service with the Company at the applicable vesting date.

Arlo Technologies to Present at the Raymond James TMT and Consumer Conference

Retrieved on: 
Tuesday, November 28, 2023

The panel and presentation will also be webcast on Arlo’s IR website at http://investor.arlo.com .

Key Points: 
  • The panel and presentation will also be webcast on Arlo’s IR website at http://investor.arlo.com .
  • Interested parties should access the webcasts approximately 10 minutes before the scheduled start time.
  • The webcast replays will be available as soon as possible following the events on Arlo’s IR website.

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 .