Market News AIOpen the app

Alarm.com Holdings shared its Q3 results, showing $191.2 million in revenue, up 9% from last year.

ResultsRead the original at Benzinga
Good for ALRM

Alarm.com grew subscription software sales 9% and raised its full-year forecast, pointing to stronger demand. Some quarterly adjusted EBITDA came from hardware recoveries and timing benefits management says will not last.

ALRM · Alarm.com Holdings

AI read · Good for ALRM

The AI's read

More customers are paying for Alarm.com’s software services, and the company raised its full-year sales forecast. New cameras and the Celgate deal may give partners more ways to sell its services. The caution is that some of its quarterly profit measure came from hardware recoveries and timing benefits management does not expect to last.

Get alerts for ALRM

Follow Alarm.com Holdings (ALRM) free. When we publish a story about it, you get the plain-English explanation as an alert.

Get alerts for ALRM
Free on the App Store and Google Play, or on the web.