Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q4 EPS of $0.14, $0.13 better than the analyst estimate of $0.01. Revenue for the quarter came in at $56.9 million versus the consensus estimate of $47.13 million.

“Our 2015 fourth quarter and full year results demonstrated nice momentum which positions us well for 2016,” said Steve Trundle, President and CEO of Alarm.com. “We led with innovation, and our service provider partners continued to see strong demand for the interactive services we enable in North America and increasingly abroad.

GUIDANCE:

Alarm.com Holdings, Inc. sees FY2016 EPS of $0.46-$0.48, versus the consensus of $0.19.

Financial Outlook

Alarm.com is introducing its outlook for the first quarter and full year 2016.

For the first quarter of 2016:

• SaaS and license revenue is expected to be approximately $39.3 million to $39.5 million.

For the full year 2016:

• SaaS and license revenue is expected to be approximately $169.0 million to $169.5 million.
• Total revenue is expected to be approximately $236.0 million to $239.5 million, which includes anticipated hardware and other revenue for the year in the range of $67.0 million to $70.0 million.
• Adjusted EBITDA is expected to be approximately $40.0 million to $42.0 million.
• Non-GAAP adjusted net income is expected to be approximately $22.2 million to $23.3 million.
• Based on an expected 48.3 million weighted average shares outstanding (diluted), non-GAAP adjusted net income is expected to be approximately $0.46 to $0.48 per diluted share.

For earnings history and earnings-related data on Alarm.com Holdings, Inc. (ALRM) click here.