Alarm Com Hldgs Inc Stock Price, News & Analysis

Alarm.com (Nasdaq: ALRM) will report its 2021 fourth quarter financial results on February 24, 2022, after market close. Management will host a conference call at 4:30 p.m. ET to discuss these results. Investors can join the call by dialing (866) 588-3290 for US/Canada or (262) 558-6169 for international listeners. A replay will be available two hours after the live call until March 3, 2022. Alarm.com is a leading platform for smart property management, integrating with various IoT devices to enhance security, automation, and energy management.

EnergyHub, a leader in distributed energy resource management, reports significant achievements in 2021. The company connected nearly 700,000 DERs to its Mercury DERMS platform, delivering over 850 million device-minutes of grid services. Collaborating with over 60 utilities, EnergyHub managed more than 2,900 MW of load flexibility. This year marked advancements in product innovation, supporting decarbonization and enhancing grid reliability. The firm aims to empower a carbon-free energy future by integrating customer devices with the grid.

Alarm.com Holdings, Inc. (Nasdaq: ALRM) announced CFO Steve Valenzuela's participation in upcoming investor conferences. These include the Raymond James Technology Investors Conference on December 7, 2021, the Barclays Global Technology, Media, and Telecommunications Conference on December 8, 2021, and the Imperial Capital Security Investors’ Conference in New York, NY, on December 15, 2021. The company is a leader in connected property solutions, serving millions through its advanced IoT platform, providing security, intelligent automation, and energy management solutions.

Alarm.com Holdings reported a 21.1% year-over-year increase in total revenue for Q3 2021, reaching $192.3 million. SaaS and license revenue also rose 17.9% to $118.1 million. However, GAAP net income dropped to $13.5 million from $36.1 million in Q3 2020, primarily due to a prior year investment gain. Non-GAAP adjusted EBITDA increased by 8.9% to $37.6 million. The company’s cash and equivalents surged to $700.3 million. Looking ahead, SaaS revenue is projected between $456.7 million and $456.9 million for the full year.

Alarm.com Holdings (Nasdaq: ALRM) announces Steve Valenzuela, CFO, will conduct one-on-one investor meetings at two key conferences:

• Roth Technology Conference (Virtual) on November 17, 2021
• Credit Suisse Technology Conference in Scottsdale, AZ on December 1, 2021

Alarm.com is a leader in the connected property sector, offering a platform that integrates IoT devices for security, automation, energy management, and more. The company's services benefit millions globally through professional service providers.

Alarm.com Holdings, Inc. (Nasdaq: ALRM) is set to release its Q3 2021 financial results after the market closes on November 4, 2021. A conference call will follow at 4:30 p.m. ET to discuss the results. Alarm.com is recognized as a leader in the intelligently connected property sector, providing platforms for managing IoT devices globally. Investors can access the live call at specific toll-free numbers or via webcast. The conference ID for the call is 4968939.

Alarm.com Holdings (Nasdaq: ALRM) announced robust financial results for Q2 2021, with SaaS and license revenue rising 18.3% to $113.2 million, while total revenue surged 33.3% to $188.9 million. However, GAAP net income dropped to $14.7 million, or $0.28 per diluted share. Cash and equivalents increased significantly to $662.7 million, largely due to a $500 million convertible note issuance. The company raised its SaaS and license revenue guidance for Q3 2021 to $114.9-$115.1 million and full-year estimates to $452.3-$452.8 million, projecting substantial growth moving forward.

Alarm.com (Nasdaq: ALRM) has launched Ambient Insights for alarm response, a solution that enhances alarm monitoring by recognizing property activity and providing real-time data to monitoring stations. This innovation allows for faster emergency service dispatch and helps reduce false alarms. By assessing alarm signals and unusual activity, it empowers monitoring stations to prioritize responses effectively. The technology builds on Alarm.com’s existing machine learning capabilities and aims to improve public safety and customer experience.

Alarm.com Holdings, Inc. (Nasdaq: ALRM) is set to release its 2021 second quarter financial results on August 5, 2021, after market close. A conference call will follow at 4:30 p.m. ET to discuss the results. Alarm.com specializes in connected property technology, supporting millions of consumers and businesses with security, video, and automation solutions via a network of professional service providers. The live call can be accessed through toll-free numbers and will have a subsequent replay available.