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Shares of Arlo Technologies Inc. jumped 10{fc8108a382304f6a291fe24b31bc6ca6be48a5ab84ea5bf1d21df06439cd3358} within the prolonged session Wednesday after the maker of residence security cameras and other tools reported a narrower-than-expected first-quarter loss and sales topped forecasts. Arlo said it lost $10.7 millionhttps://businesspost.xyz or 13 cents a sharehttps://businesspost.xyz within the quarterhttps://businesspost.xyz compared with a loss of $15.2 millionhttps://businesspost.xyz or 19 cents a sharehttps://businesspost.xyz within the year-in the past quarter. Adjusted for one-time objectshttps://businesspost.xyz Arlo misplaced three cents a sharehttps://businesspost.xyz compared with 8 cents a share a yr ago. Analysts polled by FactSet expected Arlo to report an adjusted lack of 21 cents a share on gross sales of $76.9 million.
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