TYSONS, Va.--(BUSINESS WIRE)--Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that it will report 2023 fourth quarter and full year financial results after the market close on February 22, 2024. Management will host a conference call and webcast to discuss the company's financial results at 4:30 p.m. ET that same day. Participants, please click here to pre-register for the conference call and obtain a dial-in number and individual pass ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Alarm.com Holdings (ALRM) , which belongs to the Zacks Security and Safety Services industry.When looking at the last two reports, this security service company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 40%, on average, in the last two quarters.For the last reported quarter, Alarm.com came out with earn ...

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Matthew Zartman - Vice President of Investor Relations Stephen Trundle - Chief Executive Officer Daniel Kerzner - President of Platforms Business Steve Valenzuela - Chief Financial Officer Conference Call Participants Adam Tindle - Raymond James Saket Kalia - Barclays Capital Matthew Bullock - Bank of America Matthew Pfau - William Blair Operator Good day and thank you for standing by. We ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37461 ALARM.COM HOLDINGS, INC. (Exact name of registrant as specified in its charter) | --- | --- | |---------------------- ...

Financial Data and Key Metrics Changes - SaaS and license revenue for Q2 2023 was $140.4 million, reflecting a non-GAAP growth rate of 13.3% year-over-year, excluding Vivint [5][13] - Total revenue for Q2 2023 was $223.9 million, a 5.2% increase from the previous year [14] - GAAP net income increased to $15.8 million from $10.8 million in the same quarter last year [15] - Non-GAAP adjusted EBITDA for Q2 2023 was $36.4 million, slightly down from $37.1 million in Q2 2022 [15] Business Line Data and Key Metrics Changes - SaaS and license revenue visibility remains high with a renewal rate of 93% [13] - Hardware and other revenue was $83.4 million, consistent with Q2 2022, but up 12.3% quarter-over-quarter due to increased sales of cameras and access door controllers [13][14] - SaaS and license gross margin was 84.6%, down from 85.6% year-over-year, while hardware gross margin improved to 22.4% from 17.7% [14] Market Data and Key Metrics Changes - International revenue growth was around 25%, with a long-term target of 30% or more of total revenue [21] - Commercial ARPU is approximately 2x that of residential ARPU, with expectations for gradual increases as more products and services are added [22][23] Company Strategy and Development Direction - The company is focusing on growth strategies in commercial, international video, and venture businesses, with SaaS revenue from these initiatives growing at about 25% on a trailing 12-month basis [6][12] - New product launches, such as the VDB750 video doorbell, aim to enhance service provider offerings and drive up attachment rates [7][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's positioning for the second half of the year, citing strong performance despite macroeconomic uncertainties [6][12] - The company anticipates continued growth in its international segment and aims to increase its share of total revenue from this market [21] Other Important Information - The company ended Q2 2023 with $627 million in cash and cash equivalents, up from $622.2 million at the end of 2022 [16] - Adjusted non-GAAP EBITDA for 2023 is projected to be between $128 million to $131 million, an increase from prior guidance [17] Q&A Session Summary Question: Update on international progress and revenue growth expectations - Management indicated that international growth remains around 25% and expects to sustain this rate over the next two years, with a long-term target of 30% of total revenue [21] Question: Context on commercial ARPU compared to residential ARPU - Commercial ARPU is about 2x residential ARPU, with expectations for gradual increases as the commercial platform expands [22][23] Question: Size and components of growth initiatives - Growth initiatives currently account for about 30% of total revenue, with commercial and video being the largest components [26] Question: Renewal rate targets and potential increases - The renewal rate has been stable at 92% to 94%, with expectations for gradual increases as value-added services are implemented [35][36] Question: Returning to 20% plus EBITDA margin range - Management is focused on cost control and revenue growth, with an internal guideline aiming for 17% to 18% EBITDA margins [38] Question: Impact of new products on margins - New products like the Gopher AI functionality are expected to enhance service efficiency, potentially impacting costs positively over time [41][42] Question: Performance of the Canadian market - The Canadian market has continued to perform well, attributed to strong service provider relationships and resilient consumer demand [56]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37461 ALARM.COM HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 26-4247032 (State or other jurisd ...

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Q1 2023 Earnings Conference Call May 10, 2023 4:30 PM ET Company Participants Matt Zartman - Investor Relations Steve Trundle - Chief Executive Officer Steve Valenzuela - Chief Financial Officer Jeff Bedell - President, Ventures Business and Corporate Strategy Conference Call Participants Matt Bullock - Bank of America Saket Kalia - Barclays Matthew Pfau - William Blair Mark Cash - Raymond James Darren Aftahi - ROTH Jack Codera - Maxim Group Operator Good day and thank ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37461 M.COM* ALARM.COM HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 26-4247032 (State or othe ...

Alarm.com Holdings, Inc. (NASDAQ:ALRM) Q4 2022 Earnings Conference Call February 23, 2023 4:30 PM ET Company Participants Matthew Zartman - VP, Strategic Communications & IR Stephen Trundle - CEO & Director Steve Valenzuela - CFO & Principal Accounting Officer Conference Call Participants Adam Tindle - Raymond James & Associates Darren Aftahi - ROTH MKM Partners Brian Ruttenbur - Imperial Capital Jack Aarde - Maxim Group Aditya Dagaonkar - Northland Capital Markets Operator Good day, and thank you for stand ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37461 | --- | --- | --- | |----------------------------------------------------------------|---------------------------------------- ...