Alarm.com Reports Second Quarter 2020 Results

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Go back to Alarm.com Reports Second Quarter 2020 Results

Alarm.com Holdings, Inc. (ALRM) Tops Q2 EPS by 10c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

August 5, 2020 4:07 PM EDT

Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q2 EPS of $0.41, $0.10 better than the analyst estimate of $0.31. Revenue for the quarter came in at $141.6 million versus the consensus estimate of $118.64 million.

Second Quarter 2020 Financial Results as Compared to Second Quarter 2019

SaaS and license revenue increased 16.2% to $95.7 million, compared to $82.3 million.Total revenue increased 16.4% to $141.6 million, compared to $121.7 million.GAAP net income attributable to common stockholders was $17.0 million, or $0.34 per diluted share, compared to $13.8 million, or $0.27 per diluted share.Non-GAAP adjusted EBITDA increased to $29.2 million, compared to $27.7 million.Non-GAAP adjusted... More