Alarm.com Reports First Quarter 2017 Results

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Alarm.com (ALRM) PT Raised to $36 at Imperial Capital Following 1Q

May 11, 2017 7:37 AM EDT

Imperial Capital raised its price target on Alarm.com (NASDAQ: ALRM) to $36.00 (from $35.00) while maintaining a Outperform rating. ALRM reported 1Q revenue of $74mn was above estimates of $69mn. Adjusted EPS of $0.23 was above estimates of $0.16. Adjusted EBITDA of $14mn was above estimates of... More