Alarm.com Holdings, Inc. (ALRM) Tops Q3 EPS by 13c, Beats on Revenue; Offers FY24 Guidance

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Alarm.com Reports Third Quarter 2024 Results

November 7, 2024 4:02 PM EST

-- Third quarter SaaS and license revenue increased 9.8% to $159.3 million, compared to $145.0 million for the third quarter of 2023 --
-- Third quarter GAAP net income attributable to common stockholders increased 87.9% to $36.7 million, compared to $19.5 million for the third quarter of 2023 --
-- Third quarter non-GAAP adjusted EBITDA increased 20.6% to $50.0 million, compared to $41.4 million for the third quarter of 2023 --

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