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Arlo Technologies Sees Q3 EPS $0.08-$0.14 Vs $0.11 Est.; Revenue $132M-$142M Vs $135.69M Est.

Author: Benzinga Newsdesk | August 08, 2024 04:38pm

Third Quarter 2024 Business Outlook (4)

A reconciliation of our business outlook on a GAAP and non-GAAP basis is provided in the following table:

 Three Months Ended September 29, 2024
 Revenue 

Net Income (Loss)

per Diluted Share

 (In millions, except per share data)
GAAP$132 - $142 $(0.07) - $(0.01)
Estimated adjustment for stock-based compensation and other expense 0.15
Non-GAAP$132 - $142 $0.08 - $0.14
    
(4) Business outlook does not include estimates for any currently unknown income and expense items which, by their nature, could arise late in a quarter, including: litigation reserves, net; impairment charges; discrete tax benefits or detriments relating to tax windfalls or shortfalls from equity awards; and any additional impacts relating to the implementation of U.S. tax reform. New material income and expense items such as these could have a significant effect on our guidance and future results.

Posted In: ARLO

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