Arlo Technologies: Gross Margin Climbs To 45.8% As Service Outpaces Hardware (NYSE:ARLO)
Arlo Technologies has for a long time struggled with profitability. However, their company has now changed to become a SaaS company. They have strong ARR growth, and continue to get more and more subscribers. The Service segment now is their biggest segment, and has contributedHi, my name is Sander Pettersen Heio, I am from Norway. My primary focus is on foreign stocks, particularly within the Nordic market, where I analyze companies across various industries, from stable blue-chip firms to emerging market ...