04:25 AM EDT, 05/10/2024 (MT Newswires) -- Arlo Technologies ( ARLO ) reported Q1 adjusted earnings late Thursday of $0.09 per diluted share, up from $0.01 a year earlier.

Five analysts polled by Capital IQ expected $0.09.

Revenue for the quarter ended March 31 was $124.2 million, up from $111 million a year earlier. Four analysts surveyed by Capital IQ expected $123.6 million.

For Q2, the company expects adjusted EPS to be in a range of $0.06 to $0.12 and revenue to come in between $120 million and $130 million. Analysts polled by Capital IQ expect normalized EPS of $0.09 and revenue of $124.2 million.

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