Since Arlo Technologies (ARLO), the security camera maker, spun off from Netgear, its fortunes have been rather disappointing:
Needless to say, this has been a tough year for investors:
Consumer electronics in general is a difficult market, and the home security camera market is no exception. However, there are a number of reasons to assume things will get better after Q4.
Turnaround?
We think there are possibilities for a turnaround, based on the following elements:
- Market growth
- Innovative products
- Services
- Restructuring plan
- Deal with Verisure
Security camera market
In a