Arlo posts Q2 beat and raises FY26 guidance; Cramer calls it profitable
Arlo Technologies says it was “actually profitable,” reported second-quarter EPS of 28 cents versus the 20-cent estimate, and revenue of $155.937 million versus $148.750 million, while also issuing strong third-quarter sales guidance and FY26 guidance above estimates.
On CNBC’s “ Mad Money Lightning Round,” Jim Cramer said Arlo Technologies, Inc. ” Arlo Technologies, on Aug. 6, reported better-than-expected second-quarter financial results and issued strong third-quarter sales guidance. Also, the company issued FY26 guidance above estimates.
Arlo Technologies reported quarterly earnings of 28 cents per share, which beat the analyst consensus estimate of 20 cents per share. 750 million. When asked about Bitmine Immersion Technologies, Inc. (NYSE: BMNR ), Cramer recommended buying Bitcoin (CRYPTO: BTC) instead of going with derivatives.
Shares of Bitmine Immersion Technologies surged on Thursday, as major digital assets extended their upward momentum. S. " On the earnings front, Celsius Holdings, on Aug. 6, reported mixed second-quarter financial results.
027 million analyst estimate. Adjusted diluted earnings fell to 36 cents from 47 cents and missed the 42-cent estimate. 04 on Thursday. 57 during the session.
54 on Thursday. Photo via Shutterstock