Arlo reports first quarter 2022 results

Carlsbad, calif.--(business wire)--arlo technologies, inc. (nyse: arlo), a leading smart home security brand, today reported financial results for the first quarter ended april 3, 2022. financial highlights (1) revenue of $124.8 million, an increase of 51.1% year over year. gaap gross profit of $33.6 million, an increase of 30.1% year over year; non-gaap gross profit of $34.5 million, an increase of 29.3% year over year and an all-time record for the company. gaap gross margin of 26.9%; non-gaa
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