Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q1 EPS of $0.23, $0.08 better than the analyst estimate of $0.15. Revenue for the quarter came in at $74.2 million versus the consensus estimate of $69.87 million.

GUIDANCE:

Alarm.com Holdings, Inc. sees FY2017 EPS of $0.74-$0.76, versus the consensus of $0.74. Alarm.com Holdings, Inc. sees FY2017 revenue of $322.7-325.7 million, versus the consensus of $324 million.

For the second quarter of 2017:

• SaaS and license revenue is expected to be in the range of $57.8 million to $58 million.

For the full year 2017:

• SaaS and license revenue is now expected to be in the range of $231.7 million to $232.7 million.
• Total revenue is now expected to be in the range of $322.7 million to $325.7 million, which includes anticipated hardware and other revenue for the year in the range of $91 million to $93 million.
• Adjusted EBITDA is now expected to be in the range of $65.5 million to $66.5 million.
• Non-GAAP adjusted net income is now expected to be in the range of $36.5 million to $37.5 million.
• Based on an expected 49.4 million weighted average shares outstanding (diluted), non-GAAP adjusted net income is now expected to be in the range of $0.74 to $0.76 per diluted share.

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