It was noticed in the premarket trading session at the latest check that Arlo Technologies Inc. (ARLO stock) shares had spiked up by 16.42% at the trade price of $6.95. ARLO stock previously closed the session on Thursday and shed -1.00% at $5.97. The ARLO stock volume traded 0.81 million shares in the past 50 days however the volume that remained today was twice that to 1.62 million shares. In the past year up to date, ARLO stock jumped by 105.86%, and similarly, in the past week, the stock shed -7.01%. ARLO stock is currently valued in the market at $482.08 million and has 80.37 million outstanding shares.
About Arlo Technologies
Arlo Technologies is a Security and Protection services company that focuses on the provision of smart devices that can be connected to provide surveillance and monitoring of an environment. These smart devices are integrated with Wi-Fi and can also be connected with a cellular device in America, Asia Pacific, Europe, Africa, and the Middle East.
The company’s product offering includes a proprietary wired indoor solution – a smart device to monitor indoor surroundings. The product comes in two versions called Arlo Q and Arlo Q Plus. The company provides security and protection solutions for a diverse range of everyday products. This includes Arlo Baby which is a baby monitor with temperature sensors as well as motion detectors and advanced night vision. ArloGo, is an LTE-enabled wire-free camera for the security of mobile. Arlo Chime and Arlo Audio can be paired together to provide various ringtones, sirens, and notification alerts for doorbells and other signals.
Arlo Ultra is a crystal-clear two-way noise-cancellation camera. Alro Pro 3 is integrated to provide coloured night vision. The Arlo Video Doorbell provides direct-to-mobile video calls and alerts.
Moreover, it gives Arloaccessories, like charging extras, gadget mounts, and gadget skins; Arlo Essential Wire-Free Video Doorbell that joins a powerful environment of home security items and administrations; and Arlo Pro 4 Wire-Free Spotlight. Further, the organization offers Arlo application for iOS and Android gadgets that permit clients to associate different gadgets; and prepaid administrations, including seven-day cloud video stockpiling with the capacity to interface up to five cameras and 90 days of client assistance. The organization offers its items through retail channels, discount dissemination and remote transporter channels, and paid membership administrations. Arlo Technologies, Inc. was fused in 2018 and is settled in San Jose, California
ARLO stock announces date for releasing the second quarter 2021
Many companies provide their second-quarter fiscal year financial results ranging from the month of July to all the way August or even September. This is definitely the case with Arlo Technologies because it has announced as of 14th July 2021, that it will be setting up the date for the release of its financial result of second-quarter 2021 in the month of August for the date 4th, 2021.
A conference call will be held with the stockholders, investors as well as analysts on that day to discuss the financial performance in the second quarter and what it has in store for the ARLO stock in the rest of 2021.
