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Alarm.com Holdings, Inc. reports news about its cloud-based platform for intelligently connected properties, including security, video surveillance, access control, intelligent automation, energy management, wellness and active-shooter detection. The company serves residential, multifamily, small-business and enterprise commercial markets through professional service providers and commercial integrators, with recurring updates tied to SaaS and license revenue, product expansion and platform adoption.
Company announcements commonly cover AI-driven video analytics, camera hardware, legacy alarm-system upgrades through the Universal Communicator, OpenEye enterprise video capabilities, PointCentral multifamily access and automation, and Shooter Detection Systems gunshot-detection technology. Earnings releases and outlook updates also describe operating performance for the Alarm.com platform and adjacent automation and energy-management offerings.
Alarm.com highlights the growing trend of home ownership with tips for protecting investments in the home. Recent data shows first-time home buyers increased to 34% between July 2020 and June 2021. The company outlines 12 essential items for homeowners, emphasizing smart home technologies like security systems and thermostats to enhance safety and efficiency. Alarm.com's solutions include smarter locks, video surveillance, and connected smoke alarms to ensure comprehensive protection. As the leading platform in connected property management, Alarm.com continues to support millions of consumers and businesses with innovative IoT technologies.
Alarm.com Holdings, traded as ALRM on Nasdaq, announces that Steve Valenzuela, CFO, will host investor meetings at the 8th Annual Roth London Conference from June 21 to June 23, 2022. Alarm.com is a leader in the intelligently connected property sector, offering technology solutions for security, video, access control, automation, and more. Their platform integrates with numerous Internet of Things (IoT) devices, serving millions globally through a network of service providers.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) has announced participation in several investor conferences, with Steve Valenzuela, Chief Financial Officer, hosting one-on-one meetings. The conferences include:
- Needham Technology & Media Conference on May 18, 2022
- J.P. Morgan Global Technology, Media and Communications Conference on May 23-24, 2022
- William Blair Growth Stock Conference on June 6-7, 2022
Alarm.com is a leader in property management technology, integrating with various IoT devices for comprehensive solutions.
Alarm.com Holdings reported a 19.1% increase in total revenue, reaching $205.4 million for Q1 2022, and a 14.8% rise in SaaS and license revenue to $123.2 million. However, GAAP net income dropped to $9.1 million, down from $14.8 million in Q1 2021, due to increased shipping and inventory costs. Non-GAAP adjusted EBITDA also fell to $29.9 million from $35.6 million. The company expects Q2 SaaS and license revenue between $126.2 million and $126.4 million, and total revenue guidance for 2022 has been increased to $822.7 million to $853.3 million.
PointCentral, a subsidiary of Alarm.com (NASDAQ: ALRM), has announced its integration with CheckpointID to enhance security in self-guided tours for multifamily properties. This partnership allows for automated image-based government ID verification, enabling swift vetting of prospective residents. Once a government ID image and a selfie are uploaded, verification is completed within seconds, ensuring a secure tour booking process. This development addresses increasing safety concerns among property managers and investors, bolstering confidence in self-guided tours.
EnergyHub announced the inclusion of the Amazon Smart Thermostat in its partner ecosystem, enhancing demand response programs for over 60 utility clients. This initiative aims to support utilities in reaching decarbonization goals and improving consumer choices. The Amazon Smart Thermostat, priced at $59.99, is ENERGY STAR certified and integrates with Alexa. The program fosters increased consumer enrollment in energy-saving initiatives, helping utilities manage energy loads during peak periods.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) will release its 2022 first quarter financial results on May 5, 2022, after market close. A conference call and webcast will follow at 4:30 p.m. ET to discuss the results. Stakeholders can access the live call at US/Canada Toll-Free: (866) 588-3290 and find more information via Alarm.com investors page. This platform is recognized for its intelligently connected property solutions.
PointCentral, a subsidiary of Alarm.com (NASDAQ: ALRM), has launched a new Smart Noise Monitor aimed at short-term rental managers. This device helps monitor noise levels, alerting property owners before issues arise with noisy renters. According to a 2021 Property Management Insights Report, 86% of surveyed managers recognize the value of such technology, yet many have not yet implemented it. The noise monitor integrates seamlessly with PointCentral's platform, allowing for efficient management across multiple properties.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) announced that CFO Steve Valenzuela will attend the Raymond James 43rd Annual Institutional Investors Conference in Orlando, Florida. The event is set for Monday, March 7, 2022, with Valenzuela's presentation scheduled at 9:15 a.m. ET. Alarm.com is a leading platform for connected properties, utilizing IoT technology for security, video, and energy management solutions. Their services are trusted by millions of consumers and businesses globally, available through a network of professional service providers.
Alarm.com, listed on NASDAQ as ALRM, has launched a new line of commercial-grade Power Over Ethernet (PoE) cameras designed for various business applications. The Pro Series cameras come in four models, including 1080p and 4MP options, and feature Business Activity Analytics software for enhanced operational insights. These cameras offer capabilities like occupancy tracking and queue monitoring, and are NDAA compliant. The launch coincides with the ISC West show in Las Vegas from March 23-25, 2022.