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Arlo Technologies Inc   (ARLO)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

Arlo Technologies Inc 's

Competitiveness


 

ARLO Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Arlo Technologies Inc reported Revenue increase in the 4 quarter 2023 by 14.37 % year on year.
The sales growth was above Arlo Technologies Inc 's competitors' average revenue growth of 13.86 %, achieved in the same quarter.

List of ARLO Competitors

With a net margin of 0.51 % Arlo Technologies Inc achieved higher profitability than its competitors.

More on ARLO Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Arlo Technologies Inc achieved net profit of $0.69 millions compared to a net loss of $-22.16 millions recorded in the same quarter a year ago.

<<  ARLO Stock Performance Comparisons


Arlo Technologies Inc 's Comment on Competitors and Industry Peers


We believe we are well-positioned to compete within the broader connected lifestyle market, both within and beyond the home as we continue to launch new product lines and services within our smart platform. However, our market is highly competitive and evolving, and we expect competition to increase in the future. We believe the principal competitive factors impacting the market for our products include price, service offerings, functionality, brand, technology, design, distribution channels and customer service.
We believe that we compete favorably in these areas on the basis of our market leadership position in the U.S. consumer network connected camera systems market, best-in-class technology, direct relationship with users and user engagement, trusted Arlo platform, strong Arlo brand and channel partners and deep strategic partnerships with key suppliers, such as Cypress Semiconductor Co., OmniVision Technologies Inc. and Qualcomm Incorporated. Moreover, our focus on building a connected lifestyle platform, combined with our leadership in innovation in the consumer network connected camera systems market, has led to the strength of our Arlo brand worldwide. We believe this focus allows us to compete favorably with companies that have introduced or have announced plans to introduce devices with connected lifestyle functionalities. Nevertheless, the connected lifestyle market remains highly competitive, and has a multitude of participants, including: large global technology companies, such as Amazon (Ring and Blink) and Google (Nest); security service vendors, such as ADT; telecom service providers, such as AT&T and Comcast; and smaller point product companies.



  

Overall company Market Share Q4 2023

Arlo Technologies Inc achieved revenue growth of 14.37 % in Overall company, and improved market share, to approximately 0.04 %.


<<  More on ARLO Market Share.
 
*Market share is calculated based on total revenue.

  News about Arlo Technologies Inc Contracts

Arlo Technologies Reveals Long-Term Financial Targets and Strategic Outlook at Virtual Investor Day

Arlo Technologies, Inc., a prominent smart home security brand, recently announced its plans to update its long-term financial targets during an upcoming webcast and conference call with investors and analysts. Scheduled for February 29, 2024, the event will offer a detailed strategic overview, including an update on the company's financial outlook, in addition to discussions on the fourth quarter and full-year 2023 results.Revenue Growth and Competitor AnalysisIn the press release, Arlo Technologies Inc reported a 1.09% increase in revenue during the third quarter of 2023 compared to the previous year. While this growth is certainly a positive sign, it falls below the average revenue growth of its competito...





Who are Arlo Technologies Inc 's Competitors?




Adt Inc
Share Performance



-6.41%
One Year



Adt Inc
Profile

ADT Inc is a company that primarily operates in the security and automation industry. They provide services such as monitored security systems for homes and businesses, as well as home automation solutions. Their business model focuses on offering consumers the ability to protect their properties and control various aspects of their homes through advanced security technology.

More about Adt Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 6,100.824 mill. $ 5,991.125 mill. $ 463.009 mill.


Amazon com Inc
Share Performance



+0.84%
Over The Past 5 Days



Amazon com Inc
Profile

Amazon.com Inc is an e-commerce company that operates as both a retail and a technology platform. Its business model revolves around the sale of a wide variety of products to consumers through its online marketplace, as well as offering services such as Prime membership, fulfillment and delivery, and cloud computing through Amazon Web Services (AWS). The company focuses on providing convenience, competitive pricing, and a seamless user experience to its customers to drive sales and maintain customer loyalty.

More about Amazon com Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,892,435.000 mill. $ 574,785.000 mill. $ 30,425.000 mill.


Alphabet Inc
Share Performance



+0.32%
Over The Past 5 Days



Alphabet Inc
Profile

Alphabet Inc's business model is focused on the development and monetization of internet-based products and services. They generate revenue primarily through advertising, technology sales, and licensing fees. Their diverse portfolio of offerings spans technology, search engines, online advertising platforms, cloud computing services, and various other digital initiatives.

More about Alphabet Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,937,245.983 mill. $ 307,394.000 mill. $ 73,795.000 mill.


At and t Inc
Share Performance



+2.03%
This Year



At and t Inc
Profile

AT&T Inc.'s business model can be described as a telecommunications and media conglomerate, providing a wide range of services including wireless communication, wireline communication, and entertainment content through its various subsidiaries.

More about At and t Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 126,791.472 mill. $ 122,428.000 mill. $ 15,623.000 mill.


Comcast Corporation
Share Performance



-0.73%
This Year



Comcast Corporation
Profile

Comcast Corporation's business model revolves around providing a wide range of media and technology services. This includes offering cable television, internet, phone, and home security services to both residential and business customers. They generate revenue through subscription fees, advertising, and additional service offerings.

More about Comcast Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 179,803.181 mill. $ 121,572.000 mill. $ 15,107.000 mill.



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