Alarm.com Holdings, Inc. (ALRM) Tops Q4 EPS by 15c, Beats on Revenue; Offers FY24 Guidance

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Alarm.com Reports Fourth Quarter and Full Year 2023 Results

February 22, 2024 4:05 PM EST

-- Fourth quarter SaaS and license revenue increased to $148.3 million, compared to $134.6 million for the fourth quarter of 2022 --
-- Fourth quarter GAAP net income attributable to common stockholders increased to $31.3 million, compared to $18.1 million for the fourth quarter of 2022--
-- Full year 2023 SaaS and license revenue increased to $569.2 million, compared to $520.4 million for 2022 --
-- Full year 2023 GAAP net income attributable to common stockholders increased to $81.0 million, compared to $56.3 million for 2022 --
-- Full year 2023 non-GAAP adjusted EBITDA increased to $154.0 million, compared to $146.8 million... More