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Arlo Technologies, Inc. (ARLO) CEO Matt McRae on Q2 2021 Results - Earnings Call Transcript

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Arlo Technologies, Inc. (NYSE:ARLO) Q2 2021 Earnings Conference Call August 4, 2021 5:00 PM ET

Company Participants

Erik Bylin - IR

Matt McRae - CEO

Gordon Mattingly - CFO

Conference Call Participants

Jeffrey Rand - Deutsche Bank

Catherine Huntley - Raymond James

Hamid Khorsand - BWS Financial

Thomas Boyes - Cowen and Company


Ladies and gentlemen, thank you for standing by. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Erik Bylin. Please go ahead, sir.

Erik Bylin

Thank you, operator. Good afternoon and welcome to Arlo Technologies' Second Quarter of 2021 Financial Results Conference Call. Joining us from the company are Mr. Matthew McRae, CEO; and Mr. Gordon Mattingly, CFO.

The format of the call will start with an introduction and commentary in the business provided by Matt, followed by a review of the financials for the first quarter, along with guidance, provided by Gordon. We'll then have time for any questions. If you have not received a copy of today's press release, please visit Arlo's Investor Relations' website at investor.arlo.com.

Before we begin the formal remarks, we advise you that today's conference call contains forward-looking statements. Forward-looking statements include statements regarding our potential future business, results of operations, and financial conduction, including descriptions of our revenue, gross margins, operating margins, tax rates, expenses, cash outlook, guidance for the second half and full year 2021, transition to our Services First business model, the commercial launch and momentum of Arlo Secure, and Arlo Secure Plus, strategic objectives and initiatives, market expansion and future growth, our partnership with Verisure, continued new product and service differentiation, supply chain challenges, and the impact of the COVID-19 pandemic on our business, operating results, and financial condition.

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