Raymond James Downgrades Alarm.com (ALRM) to Market Perform

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Go back to Raymond James Downgrades Alarm.com (ALRM) to Market Perform

Alarm.com Reports Second Quarter 2016 Results

August 15, 2016 4:05 PM EDT

-- SaaS and license revenue of $42.0 million for the second quarter, a 23% increase year-over-year ---- Total revenue of $64.4 million for the second quarter, a 24% increase year-over-year ---- Net income of $1.9 million and adjusted net income1 of $7.0 million for the second quarter---- Adjusted EBITDA1 of $11.9 million for the second quarter, a 50% increase year-over-year --

TYSONS, Va., Aug. 15, 2016 (GLOBE NEWSWIRE) -- Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform solution for the connected home and business, today reported financial results for... More