Welcome to our dedicated page for Alarm Com Hldgs news (Ticker: ALRM), a resource for investors and traders seeking the latest updates and insights on Alarm Com Hldgs stock.
Alarm.com Holdings, Inc. (NASDAQ: ALRM) is frequently in the news as the company behind a leading platform for intelligently connected properties. News about Alarm.com often highlights developments across security, video surveillance, access control, active shooter detection, intelligent automation, energy management, and wellness, reflecting the breadth of its software and hardware offerings for residential, multi-family, small business, and commercial markets.
Investors and industry followers can use this news feed to review updates on Alarm.com’s product launches, strategic partnerships, and subsidiary activities. Recent announcements have included new devices such as the ADC-V730 Wi-Fi spotlight camera with built-in video analytics and proactive deterrence features, as well as the Video Intercom Mobile Directory, which modernizes visitor management for multi-tenant buildings using QR code-based directories and mobile video calling.
Alarm.com news also covers commercial security initiatives, such as its partnership with Everon to deliver a unified console for managing intrusion protection, access control, remote video monitoring, and business management solutions. Subsidiaries like OpenEye and Shooter Detection Systems appear in coverage related to enterprise video surveillance, analytics, and gunshot detection technologies, including indoor and outdoor systems and software upgrades.
Through its EnergyHub subsidiary, Alarm.com features in energy and grid services news, including acquisitions and reports on managed electric vehicle charging, distributed energy resource management, and virtual power plant programs for utilities. Earnings releases and financial outlooks, typically reported via press releases and Form 8-K filings, provide additional context on SaaS and license revenue trends and segment performance. This page aggregates such articles so readers can follow how Alarm.com’s technology, partnerships, and financial results evolve over time.
Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q1 2021 financial results with SaaS and license revenue up 16.8% to $107.4 million, total revenue increased 13.5% to $172.5 million. Net income rose to $14.8 million or $0.29 per diluted share. Cash and cash equivalents surged to $642.2 million following a $500 million convertible notes issuance. The company launched new solutions like Smarter Business Temperature Monitoring and enhanced enterprise dashboards. Alarm.com expects Q2 2021 SaaS revenue between $108.9 million and $109.1 million, and full-year revenue guidance raised to $680.5 million to $691 million.
My Alarm Center has announced the promotion of Erik Mellon to Vice President of Technology, effective April 26, 2021. Previously the Director of Information Technology, Mellon played a crucial role in transitioning the company to remote work during the COVID-19 pandemic, ensuring continuous operations. His strategic initiatives included the deployment of a new call center system and cybersecurity enhancements. With a background from companies like Comcast, Mellon's leadership is expected to strengthen the company's technology infrastructure, aligning with My Alarm Center's commitment to providing top-tier security services across the U.S.
PointCentral, a subsidiary of Alarm.com, has partnered with Helm Smart Home to launch Helm Rentals, a new e-commerce platform aimed at short-term rental property managers with fewer than 25 doors. This collaboration allows smaller property managers to access advanced property automation solutions previously exclusive to larger companies, thereby leveling the competitive landscape. Sean Miller, President of PointCentral, emphasized the goal of making smart property technology accessible to all managers in the vacation rental market, enhancing operational efficiency and guest experiences.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) announced it will publish its 2021 first quarter financial results on May 4, 2021, after market close. Management will host a conference call at 4:30 p.m. ET to discuss the results. The live call can be accessed via toll-free numbers for US/Canada and international callers. A replay will be available shortly after the call, lasting until May 11, 2021. Alarm.com provides a platform for managing connected properties, offering security, automation, and energy management solutions globally.
OpenEye and Alarm.com have announced a joint integration aimed at enhancing security solutions. This integration connects OpenEye Web Services (OWS) with Alarm.com's business security platform, offering improved video verification and real-time alerts. Users can receive actionable notifications and view critical video footage linked to security events directly through the platforms. The collaboration aims to streamline incident management and enhance user experience, positioning both companies to better serve the growing demand for video-surveillance-as-a-service solutions.
Alarm.com (Nasdaq: ALRM) has launched a new service called Connected Car, developed in partnership with CalAmp (Nasdaq: CAMP), allowing users to integrate vehicle status and home automation through a single mobile app. Compatible with most cars made since 1996, this device offers features like vehicle diagnostics, driving behavior monitoring, and theft alerts. Users can automate home functions based on the vehicle's location, enhancing security and convenience. Connected Car is available through authorized service providers in the U.S. and Canada.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) reported a strong financial performance for Q4 and full year 2020. SaaS and license revenue increased by 17% year-over-year to $105.5 million, contributing to an 18% rise in total revenue to $165.6 million. GAAP net income grew to $16.0 million, representing $0.31 per diluted share. For 2021, the company anticipates SaaS and license revenue in the range of $440.5 million to $441.5 million. Recent product launches include the Touchless Video Doorbell and the integration of OpenEye, enhancing Alarm.com's service offerings.
Alarm.com Holdings, Inc. (Nasdaq: ALRM) has announced that CFO Steve Valenzuela will participate in virtual investor meetings at two upcoming conferences. The first event is the Raymond James Institutional Investors Conference on March 2, 2021, featuring a fireside chat at 10:50 a.m. ET. The second is the Roth Conference on March 16, 2021, where Valenzuela will host investor meetings. Alarm.com is a leader in IoT technology, providing solutions for security, automation, and energy management for millions of consumers and businesses worldwide.
PointCentral announced a new integration with Hostfully, enhancing keyless access and smart property automation for property managers. This integration allows contactless check-in for guests by automating the transfer of smart lock access codes based on reservation dates. The partnership aims to streamline operations, improve security, and boost rental income. With a focus on digital solutions, it addresses increasing health concerns among travelers. A free webinar will be hosted on February 18, discussing smart home technology in property management.
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