Alarm.com Holdings reported strong revenue growth and positive earnings, introducing new products, leading to a 1% share price gain
From Nasdaq: 2025-05-09 16:49:00
Alarm.com Holdings (NASDAQ: ALRM) reported first-quarter financial results with revenue increasing by 7% year over year to nearly $239 million. Adjusted net income also rose to $38.5 million ($0.54 per share). The company introduced new offerings like a competitively priced indoor security camera and AI Deterrence technology. Revenue for 2024 was just under $40 million. Despite a cautious market view, investors reacted positively with a 1% share price gain. Analysts forecast revenue of $975.8 million to $991.2 million for 2025. Alarm.com remains on the cutting edge of its industry.
Source: Nasdaq
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