Alarm.com Holdings (NASDAQ:ALRM) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$240.5m (up 8.4% from 3Q 2023).

• Net income: US$36.7m (up 88% from 3Q 2023).

• Profit margin: 15% (up from 8.8% in 3Q 2023).

• EPS: US$0.74 (up from US$0.39 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alarm.com Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 61%.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 19% from a week ago.

Risk Analysis

Before you take the next step you should know about the 1 warning sign for Alarm.com Holdings that we have uncovered.

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