US Market News
1月前
Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08May 5, 2026 7:04 PM
PR Newswire (US) SAN JOSE, Calif., May 5, 2026 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it has made equity grants to new employees under its 2018 Equity Incentive Plan (the "Plan") in accordance with NYSE Rule 303A.08. On May 5, 2026, Arlo's Compensation and Human Capital Committee granted restricted stock units ("RSUs") and performance-vesting RSUs ("PSUs"), to twenty-five new non-executive employees covering an aggregate of 556,850 shares of the Company's common stock as an inducement for such employees to join the Company.The RSUs granted to twenty-five of the employees, covering an aggregate of 464,638 shares, vest annually in four equal annual installments. The PSUs, covering an aggregate of 92,212 shares, are eligible to vest based upon the extent of the Company's achievement of certain target financial milestones related to annual recurring revenue and gross margin. The actual number of shares issuable pursuant to the PSUs will vary between 0-200% of the aggregate number of shares, based on the Company's actual performance relative to the milestones.In all cases, the RSUs and PSUs are contingent on each employee's continued service with the Company at the applicable vesting date.About Arlo Technologies, Inc.Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo's deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo's cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software, and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo's subscription service, Arlo Secure.With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users' personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture. View original content to download multimedia:https://www.prnewswire.com/news-releases/arlo-technologies-announces-inducement-awards-under-nyse-rule-303a08-302763374.htmlSOURCE Arlo Technologies, Inc. Original: Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08
US Market News
3月前
Arlo Adopts Stock Repurchase ProgramMarch 3, 2026 10:23 PM
PR Newswire (US)
CARLSBAD, Calif., March 3, 2026 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security company, recently announced that its Board of Directors has approved the repurchase of up to an aggregate of $50 million of shares of its common stock through open market purchases in a manner deemed to be in the best interests of the company and its stockholders.
"The Board's authorization of a share repurchase program of up to $50 million through December 31, 2027 reflects Arlo's belief in the upside potential as we execute our long-range plan, along with continued improvements in profitability and cash position. As one pillar of our capital allocation plan, this program is designed to ensure maximum shareholder return over time," said Matthew McRae, Chief Executive Officer of Arlo Technologies.The repurchase of up to an aggregate of $50 million of shares of Arlo's common stock will be effected through open market purchases in a manner deemed to be in the best interests of the company and its stockholders, considering the economic cost and prevailing market conditions, including the relative trading prices and volumes of Arlo's common stock. The repurchases are expected to be effected pursuant to Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The repurchase program is expected to continue through December 31, 2027 unless extended or shortened by the Board of Directors.About Arlo Technologies, Inc.
Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo's deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo's cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo's subscription service, Arlo Secure.With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users' personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.© 2026 Arlo Technologies, Inc., Arlo and the Arlo logo are trademarks and/or registered trademarks of Arlo Technologies, Inc. and/or certain of its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. Arlo shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 for Arlo Technologies, Inc.:This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. The words "anticipate," "expect," "believe," "will," "may," "should," "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward-looking statements. However, the absence of these words does not mean that the statements are not forward-looking. The forward-looking statements represent our expectations or beliefs concerning future events based on information available at the time such statements were made and include statements regarding the number and dollar amount of shares, if any, that ultimately will be repurchased by Arlo; the timing of any repurchases under the repurchase program; potential benefits of the stock repurchase program; statements regarding our potential future business, operating performance and financial condition, including descriptions of our expected revenue and profitability (and related timing), GAAP and non-GAAP gross margins, adjusted EBITDA and adjusted EBITDA margins, tax rates, expenses, cash outlook, free cash flow and free cash flow margins; strategic objectives and initiatives; the recurring revenue and services first business model; expectations regarding market expansion and future growth and expectations for 2026 to be a pivotal year for our company; expectations regarding our ability to leverage our strategic partnerships to accelerate our momentum towards achieving our long-range targets; and others. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including the following: future demand for our products may be lower than anticipated, including due to inflation, fluctuating consumer confidence, banking failures and high interest rates; we may be unsuccessful in developing and expanding our sales and marketing capabilities; we may not be able to increase sales of our paid subscription services; consumers may choose not to adopt our new product offerings or adopt competing products; product performance may be adversely affected by real world operating conditions; we may be unsuccessful or experience delays in manufacturing and distributing our new and existing products; and we may fail to manage costs and cost saving initiatives, the cost of developing new products and manufacturing and distribution of our existing offerings. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.Under the current U.S. administration, tariffs, and retaliatory tariffs imposed by other nations, have created a dynamic and unpredictable trade landscape, which is adversely impacting, and may continue to adversely impact, our business. Current or future tariffs impacting our products, which are manufactured outside of the United States, have raised and may further raise our product costs. In addition, other trade restrictions could negatively impact our ability to obtain finished products from our ex-U.S. manufacturers and suppliers and, therefore, delay or impede our product deliveries. Tariff-related cost pressures and supply chain disruptions may lead to reputational harm if we are unable to deliver products or services on expected timelines or if any price increases are poorly received by customers or business partners. Furthermore, ongoing uncertainty regarding trade disputes and other political tensions between the United States and other countries, including in Asia, may also exacerbate unfavorable macroeconomic conditions, which may negatively impact international customer demand for our products or services and may lead to increased preference for local competitors. While we continue to monitor these developments, the full impact of these risks remains uncertain, and any prolonged economic downturn, escalation in trade tensions or deterioration in international perception of U.S.-based companies could materially and adversely affect our business, results of operations and financial condition.Further information on potential risk factors that could affect our business are detailed in our periodic filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors" in the most recently filed Annual Report and Quarterly Report filed with the Securities and Exchange Commission (the "SEC") and subsequent filings with the SEC. Given these circumstances, you should not place undue reliance on these forward-looking statements. We undertake no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.Source: Arlo-F
View original content to download multimedia:https://www.prnewswire.com/news-releases/arlo-adopts-stock-repurchase-program-302703331.htmlSOURCE Arlo Technologies, Inc.
Original: Arlo Adopts Stock Repurchase Program
US Market News
4月前
Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08February 4, 2026 6:19 PM
PR Newswire (US)
SAN JOSE, Calif., Feb. 4, 2026 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading smart home security brand, today announced that it had made equity grants to new employees under its 2018 Equity Incentive Plan in accordance with NYSE Rule 303A.08.
On February 4, 2026, Arlo's Compensation and Human Capital Committee granted restricted stock units, or RSUs, to three new non-executive employees covering an aggregate of 17,380 shares of the Company's common stock as an inducement for such employees to join the Company.The RSUs vest annually in four equal annual installments. In all cases, the RSUs are contingent on each employee's continued service with the Company at the applicable vesting date.About Arlo Technologies, Inc.Arlo is an award-winning, industry leader that is transforming the ways in which people can protect everything that matters to them with advanced home, business, and personal security solutions. Arlo's deep expertise in AI- and CV-powered analytics, cloud services, user experience and product design, and innovative wireless and RF connectivity enables the delivery of a seamless, smart security experience for Arlo users that is easy to set up and interact with every day. Arlo's cloud-based platform provides users with visibility, insight, and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. Arlo has recently launched several categories of award-winning connected devices, software, and services. These include wire-free, smart Wi-Fi and LTE-enabled security cameras, video doorbells, floodlights, security system, and Arlo's subscription service, Arlo Secure. With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to implementing industry standards for data protection designed to keep users' personal information private and in their control. Arlo provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.
View original content to download multimedia:https://www.prnewswire.com/news-releases/arlo-technologies-announces-inducement-awards-under-nyse-rule-303a08-302679574.htmlSOURCE Arlo Technologies, Inc.
Original: Arlo Technologies Announces Inducement Awards Under NYSE Rule 303A.08
@LaughinPaulRyan
5年前
Arlo Announces Strategic Partnership With Calix, Expanding Distribution To New Regional Markets
December 08 2020 - 08:25AM
PR Newswire (Canada)
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Partnership enables local Communication Service Providers to add Arlo security cameras, doorbells and Smart services to customers' managed WiFi experiences
SAN JOSE, Calif., Dec. 8, 2020 /CNW/ -- Arlo Technologies, Inc. (NYSE: ARLO), a leading internet-connected camera brand, today announced a strategic partnership with Calix, a leading global provider of cloud and software platforms, systems and services. The relationship enables expanded distribution of Arlo's award-winning smart home security products and services to customers in local markets across the U.S. and Canada via local Communications Service Providers (CSP).
(PRNewsfoto/Arlo Technologies, Inc.)
As interest in smart home security continues to grow, consumers living outside major metropolitan areas oftentimes have a difficulty accessing the latest technology available through national retail channels. With the rapid pace of new technology, the plethora of choices and change can be difficult to navigate, and even slow adoption of new technology. The partnership with Calix ensures Arlo's latest smart home solutions reach local markets. Customers will be able to access Arlo's advanced security products and services through their trusted CSP as part of their overall managed WiFi experience. Now, regardless of the area of the country they call home, consumers can enjoy peace of mind knowing what they love and have worked hard for is protected by Arlo.
"Arlo is dedicated to one simple, yet fundamental need we all share: to protect and connect with the people and places we love. Our strategic partnership with Calix, encompassing a strong network for CSPs, will enable even wider distribution of Arlo's award-winning smart home security products powered by Arlo SmartCloud to communities," said Matt McRae, CEO, Arlo. "Arlo will underscore the value proposition offered by Calix and the CSPs to deliver best-in-class smart security solutions to consumers who rely on their trusted local CSP for WiFi solutions that keep them connected and secure."
Calix will work with trusted community CSPs to educate new consumers on the beneits of Arlo's leading home security solutions.
"We are focused on bringing leading solutions to our CSP customers on a regular basis and are thrilled to announce that Arlo will be added to our platform," said Michael Weening, COO, Calix. "Through integrating Arlo into our Revenue EDGE Solution, CSPs will have a unique opportunity to be the center of their subscriber experience, delighting them with value-added services, all while driving new sources of revenue for their business."
For more information on the full range of Arlo smart home security products and services, visit www.arlo.com.
About Arlo Technologies, Inc.
Arlo is the award-winning, industry leader that is transforming the way people experience the connected lifestyle. Arlo's deep expertise in product design, wireless connectivity, cloud infrastructure and cutting-edge AI capabilities focuses on delivering a seamless, smart home experience for Arlo users that is easy to setup and interact with every day. The company's cloud-based platform provides users with visibility, insight and a powerful means to help protect and connect in real-time with the people and things that matter most, from any location with a Wi-Fi or a cellular connection. To date, Arlo has launched several categories of award-winning smart connected devices, including wire-free smart Wi-Fi and LTE-enabled security cameras, audio and video doorbells, and floodlight.
With a mission to bring users peace of mind, Arlo is as passionate about protecting user privacy as it is about safeguarding homes and families. Arlo is committed to supporting industry standards for data protection designed to keep users' personal information private and in their control. Arlo doesn't monetize personal data, provides enhanced controls for user data, supports privacy legislation, keeps user data safely secure, and puts security at the forefront of company culture.
About Calix, Inc.
@LaughinPaulRyan
6年前
SAN JOSE, Calif. and LAS VEGAS, Jan. 6, 2020 /PRNewswire/ -- Arlo Technologies, Inc. (NYSE: ARLO), the #1 internet connected camera brand1, today announced Arlo SmartCloud™, a SaaS version of its Arlo Smart service platform that is currently deployed as part of Arlo's award-winning security camera solutions. Arlo SmartCloud is a fully managed robust global platform of innovative capabilities built for security, scalability and reliability that can be easily deployed as part of advanced subscription services for hardware companies, automotive companies, service providers, insurance companies, home builders, smart communities, smart cities, traditional security companies, and other related verticals. Arlo SmartCloud™ is professionally managed by industry experts, easy to use, and boasts flexibility for end-to-end live streaming, storage, and computer vision.
Arlo SmartCloud brings numerous innovative and robust features to any connected image or video ecosystem including:
Computer Vision: A low latency computer vision pipeline compatible with numerous compression and container formats to support real-time vision and video-enabled apps
Multi-Object Detection: Simultaneous object detection based on proprietary machine learning such as person, package, vehicle, animal, or custom requested objects.
Audio Analysis: Flexible audio analysis to determine security or other events.
Real Time, 2-Way Communications: Multiple audio and video communication features including full SIP-based, VoIP quality communication between end points.
E911: Fully integrated Enhanced 911 services on per location basis.2
Scaled Platform Services: A proven, scaled and high-performance platform for real-time events, encode/decode, encryption, analytics, secure storage and streaming currently handling more than 150 million transactions per day in over 200 countries around the world.
These capabilities, coupled with Arlo's Privacy Pledge and commitment to robust security, make Arlo the ideal partner for companies across numerous industries looking to bring intelligent subscription services to their customers.
"Arlo has deeply invested in building an industry-leading platform for advanced AI and security services. We are also an independent company focused on data security and user privacy that operates this platform as part of a trusted relationship with our customers," said Tejas Shah, SVP product and chief information officer. "With Arlo SmartCloud, we are extending our platform to partners to help innovate and deploy new opportunities beyond our own camera ecosystem."
Arlo SmartCloud has plug-and-play APIs for simple deployment of existing services and Arlo will provide consulting, custom development and integration services for tailored applications of the platform.
Arlo SmartCloud is available now and companies interested in learning more about the Arlo SmartCloud platform can contact smartcloud@arlo.com.
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