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Arlo Technologies sees Q1 EPS 5c-11c, consensus 7c
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Arlo Technologies sees Q1 EPS 5c-11c, consensus 7c

Sees Q1 revenue $117M-$217M, consensus $122.37M. Says currently has 3M subscribers. Says Arlo Secure 5 to begin rolling out in second half of this year. Says will be testing free tier for Arlo Secure 5 with advertising rolling out in Q4. Says substantially reduced inventory balance in Q4. Says average selling prices declined as result of commitment to pricing strategy. Says currently has 3M subscribers. Says average revenue per user is over $11 per month. Says retail and direct payed accounts are driving success . Comments and guidance taken from Q4 earnings conference call.

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