Alarm.com Holdings, Inc. (ALRM) Tops Q1 EPS by 2c, Beats on Revenue; Offers FY24 Guidance

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Go back to Alarm.com Holdings, Inc. (ALRM) Tops Q1 EPS by 2c, Beats on Revenue; Offers FY24 Guidance

Alarm.com Reports First Quarter 2024 Results

May 9, 2024 4:05 PM EDT

-- First quarter SaaS and license revenue increased 11.0% to $150.3 million, compared to $135.4 million for the first quarter of 2023 --

-- First quarter GAAP net income attributable to common stockholders increased 63.7% to $23.6 million, compared to $14.4 million for the first quarter of 2023 --

-- First quarter non-GAAP adjusted EBITDA increased 21.2% to $37.0 million, compared to $30.6 million for the first quarter of 2023 --

TYSONS, Va.--(BUSINESS WIRE)-- Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property,... More