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Arlo Technologies Sees Q4 EPS $0.06-$0.12 Vs $0.09 Est.; Revenue $129M-$139M Vs $132.68M Est.

Author: Benzinga Newsdesk | November 09, 2023 05:18pm

Fourth Quarter 2023 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 December 31, 2023
 Revenue Net Income (Loss)

per Diluted Share
 (In millions, except per share data)
GAAP$129 - $139 $(0.05) - $0.01
Estimated adjustment for stock-based compensation and other expense 0.11
Non-GAAP$129 - $139 $0.06 - $0.12

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(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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