Arlo reports third quarter 2024 results

Carlsbad, calif.--(business wire)--arlo technologies, inc. (nyse: arlo), a leading smart home security company, today reported financial results for the third quarter ended september 29, 2024. “arlo demonstrated operational excellence in the third quarter, driven by our services business, with our highly profitable arr growing 21% to reach $242 million and non-gaap service gross margin at 77%. the record non-gaap operating margin translated to non-gaap net income per share of $0.11 and robust f.
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