Investing.com - Arlo Technologies reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Arlo Technologies announced earnings per share of $-0.050 on revenue of $128.16M. Analysts polled by Investing.com EPS of $-0.108 on revenue of $124.15M.
Arlo Technologies 's are down 48.09% and is trading at $4.680 , still down 60.31% from its 52 week high of $11.79 set on Thursday, March 3, 2022.
Arlo Technologies follows other major Information Technology sector earnings this month
Arlo Technologies's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, for EPS of $2.32 on revenue of $49.86B.
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