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.
EnergyHub and FranklinWH have announced a partnership to integrate FranklinWH's whole-home energy management system with EnergyHub's Edge DERMS platform. The collaboration aims to expand virtual power plants (VPPs) across North America. FranklinWH is currently participating in three utility programs through this partnership across Massachusetts, Rhode Island, Connecticut, and North Carolina. The integration enables residential customers to earn rewards by allowing utilities to discharge batteries during peak electricity demand periods, while also providing whole-home backup power during outages.
Alarm.com (ALRM) reported strong Q3 2024 results with significant growth across key metrics. SaaS and license revenue increased 9.8% to $159.3 million, while total revenue grew 8.4% to $240.5 million. GAAP net income surged 87.9% to $36.7 million. The company's cash position strengthened to $1.17 billion, boosted by a $500 million convertible notes offering. Notable business developments include the launch of OpenEye Cloud Cameras, AI-Deterrence capability, and Smart Thermostat HQ. The company increased its full-year 2024 guidance, expecting SaaS and license revenue between $628.7-628.9 million.
Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for intelligently connected properties, has announced it will report its 2024 third quarter financial results after market close on November 7, 2024. The company will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss the results. Interested parties can pre-register for the conference call to obtain dial-in information or listen via webcast on Alarm.com's investor relations website. A recorded version will be available after the call.
Alarm.com is a leading platform for intelligently connected properties, serving millions of consumers and businesses with technology to manage and control their properties remotely. The company's platform integrates with various IoT devices and offers solutions for security, video, access control, automation, energy management, and wellness through a network of professional service providers globally.
Building36, an Alarm.com company, has launched the Smart Thermostat HQ, a next-generation thermostat designed for easy installation and reliable connectivity. Key features include:
- Integrated cellular hub for instant connection
- Automatic wire detection for easy setup
- Built-in smart home hub for system expansion
The Smart Thermostat HQ aims to streamline installations, reduce service calls, and create upsell opportunities for HVAC contractors. When purchased as part of the Connected+Protected Air Essentials Kit, pre-linked devices automatically connect upon powering on the thermostat. This innovative design allows contractors to service more homes efficiently while providing exceptional customer service.
Alarm.com (Nasdaq: ALRM) has won a 2024 Security Sales & Integration Most Valuable Product (MVP) Award for its Shooter Detection Systems™ (SDS) solution in the Fire/Life Safety category. The indoor gunshot detection solution uses dual-authentication sensors combining infrared and acoustic sensing elements to detect gunshots with 99.99% accuracy. Upon detection, signals are sent to Alarm.com's cloud-based platform, alerting a central station within seconds.
The SDS sensor is SAFETY Act Certified by the Department of Homeland Security and includes built-in privacy measures. It's part of the Alarm.com for Business suite, which also includes intrusion security, video surveillance, and access control. Alarm.com also received a second 2024 MVP Award for its Remote Video Monitoring (RVM) Console.
Shooter Detection Systems (SDS), an Alarm.com (NASDAQ: ALRM) company, is set to introduce its new outdoor gunshot detection solution, SDS Perimeter, at the Global Security Exchange (GSX) in Orlando, FL, from September 23-25, 2024. This beta launch expands SDS's technology to cover both indoor and outdoor environments. SDS Perimeter uses acoustic and infrared technology to detect gunshots in parking lots and outside buildings, requiring no human intervention to alert authorities.
The company will also participate in educational sessions at GSX, with advisory board members speaking on active shooter topics. SDS's indoor gunshot detection technology boasts 99.9% accuracy and integrates with various security systems. The company now offers both on-premises and cloud solutions to meet diverse security needs.
OpenEye has launched a new line of cloud cameras offering an all-in-one video solution with onboard recording and advanced analytics processing. These cameras integrate with OpenEye Web Services (OWS), providing a serverless architecture with infinite scalability. Key features include:
- Flexible deployment options
- Automatic software updates
- Health monitoring and real-time alerting
- AI Analytics capabilities
- Multiple form factors for various installation needs
OpenEye has also introduced cloud event recording, automatically saving important video clips to the cloud. This release reinforces OpenEye's position as a leader in intelligent cloud video security solutions for businesses.
Lessen, a tech-enabled real estate property services company, has appointed Sean Miller as its new Chief Revenue Officer. Miller, with extensive experience in property management technology, will lead Lessen's marketing and sales organization. His background includes roles as CRO at Sensor Industries, CEO and Co-Founder of Griot, and President of PointCentral, an Alarm.com (NASDAQ: ALRM) subsidiary. Miller's appointment aims to help Lessen scale its revenue-generating operations in the $1.5 trillion market for real estate services. Lessen's CEO, Jay McKee, expressed excitement about Miller's growth-oriented, entrepreneurial leadership style aligning with the company's culture.
Lessen, a tech-enabled property services solution provider, has appointed Sean Miller as its new Chief Revenue Officer. Miller, a proptech industry veteran, will lead the company's marketing and revenue-generating operations. His extensive background includes roles as CRO at Sensor Industries, CEO and Co-Founder of Griot, and President of PointCentral, an Alarm.com subsidiary. Miller's appointment is aimed at scaling Lessen's operations in the $1.5 trillion property services sector, which he describes as one of the last relatively untapped markets for technology innovation.
Alarm.com's Remote Video Monitoring (RVM) Console has won the 2024 Most Valuable Product (MVP) Award from Security Sales & Integration in the Central Station/Monitoring category. This innovative system enables round-the-clock concierge video monitoring and proactive deterrence services for customers with Alarm.com Video Analytics cameras.
The RVM Console allows central station operators to review critical property and event data in real-time when cameras detect suspicious activity. Operators can intervene using on-site hardware to communicate through cameras, activate warning lights and audio alerts, and dispatch law enforcement if necessary. The cloud-based console provides rich contextual information and a comprehensive array of deterrence measures.
Alarm.com also received a second 2024 MVP Award for Shooter Detection Systems (SDS) Powered by Alarm.com, an end-to-end solution that instantly detects gunshots and provides critical information to first responders.