Arlo Technologies Inc

ARLO: Prepping for Acceleration

Equity Bottom-Up
160 Views, 13 May 2022 00:36
EXECUTIVE SUMMARY
  • ARLO continued to grow the number of paid subscribers as consumers see the benefits of having an alert for their installed security cameras
  • ARLO reported a positive net income for the second straight quarter just as the firm is getting ready to launch a new brand awareness campaign in 2H22
  • ARLO reiterated its plans to increase marketing expense in the second half of 2022 to accelerate growth in 2023
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