Shares of smart‑home security firm Arlo Technologies ARLO.N jump about 23% to $14.30 in early trading
Co forecasts Q1 revenue between $135 million and $145 million, above analysts' average estimate of $133.5 million – LSEG-compiled data
Expects Q1 adjusted EPS of $0.17 to $0.23, compared with estimates of $0.17
ARLO posts Q4 revenue of $141.3 million and adjusted EPS $0.22, above analysts' expectation of $135.6 million and $0.16, respectively
Q4 revenue driven by new product launches and strong growth in services business - CEO Matthew McRae
Including session's moves, stock down ~12% YTD