RTTNews | Jul 15, 2021 10:55AM EDT

10:55 Thursday, July 15, 2021 (RTTNews.com) - Thursday California-based security and protection device manufacturing company Arlo Technologies (ARLO) saw its share rise 9%. There has been no stock-specific news today to drive the stock up.

The company reported that it will hold a conference call with the investors will be held on August 4 at 5 PM ET and will be followed by the detailed result after the market closes on the day. There has been a downtrend in their revenue and on the other side, the loss has been on the increase. Four analysts polled by Thomson Reuters are expecting a revenue of $86.89 million with a loss of $0.15 per share.

The shares are currently trading hands at $6.36, up $0.39 or 6.55% from $5.97 at the bell on Wednesday. The shares opened at $6.99 in the morning and in the 52-week period, the shares have traded between $2.76 and $10.49.

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