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Arlo Technologies, Inc.
8/9/2022
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. At that time, if you have a question, you will need to press star, then the number one on your push-button phone. I would now like to turn the conference over to Eric Bilen. Please go ahead, sir.
Thank you, operator. Good afternoon and welcome to Arlo Technologies' second quarter of 2022 financial results conference call. Joining us from the company are Mr. Matthew McCray, CEO, and Mr. Gordon Mattingly, CFO. The format of the call will start with an introduction and commentary on the business provided by Matt, followed by a review of the financials for the second quarter, along with guidance for the third quarter and full year provided by Gordon. We'll then have time for any questions. If you have not received a copy of today's release, please visit Arlo's investor relation 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, operating results, and financial condition, including descriptions of our revenue, gross margins, operating margins, earnings per share, tax rates, expenses, cash outlook, guidance for the third quarter and full year 2022, transition to a services-first business model, the commercial launch and momentum of new products and services, strategic objectives and initiatives, market expansion and future growth, the effect of our anticipated awareness campaign on future growth, partnerships with Verisure and Calix, continued new product and service differentiation, supply chain challenges, transportation costs, and the impact of the COVID-19 pandemic on our business, operating results, and financial condition. Actual results or trends could differ materially from those contemplated by these forward-looking statements. For more information, please refer to the risk factors discussed in Arlo's periodic filings with the SEC, including the most recent annual report on Form 10-K and quarterly report on Form 10-Q. Any forward-looking statements that we make on this call are based on assumptions as of today, and our owner takes no obligation to update these statements as a result of new information or future events. Several non-GAAP financial measures will be discussed on this call. A reconciliation of the GAAP to non-GAAP measures can be found in today's press release on our investor relations website. At this time, I would now like to turn the call over to Matt.
Thank you, Eric.
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