ALRM News and Press, Alarm.com Holdings Inc. From 04/07/23

2023-04-07 08:00:19 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips C3.ai (NYSE: AI ), a pure-play enterprise AI software provider, has been one of the high flyers of the market in 2023. Since the start of the year, AI stock has gone from streng...

2023-03-23 09:36:00 ET Summary The hardware segment keeps decelerating, however, the management seems to have everything under control and a clear strategy to continue executing well. The price increase put in place in early 2022 was the real tailwind of the improved gross margins...

In advance of ISC West, Alarm.com for Business introduces new commercial offerings including the expanded line of Pro Series commercial-grade Power Over Ethernet (PoE) cameras, Third-Party Camera Support, and Cell Connector for Access Control. The growing ecosystem of commercial products work...

2023-03-15 08:15:43 ET The Internet of Things (IoT) is seen as a major growth theme for investors over coming years because it has the potential to revolutionize the […] For further details see: Why IoT Stocks Could Retake the Spotlight (CSCO, PBTS, ALRM, DXCM, PI, INTC)

Alarm.com Holdings, Inc. (ALRM) Q4 2022 Earnings Conference Call February 23, 2023, 16:30 ET Company Participants Matthew Zartman - VP, Strategic Communications & IR Stephen Trundle - CEO & Director Steve Valenzuela - CFO & Principal Accounting Officer ...

Alarm.com press release ( NASDAQ: ALRM ): Q4 Non-GAAP EPS of $0.53 beats by $0.09 . Revenue of $208.14M (+6.6% Y/Y) in-line. 2023 Outlook: SaaS and license revenue is expected to be in the range of $551.5 million to $552.5 million. Total revenue is expected to be i...

-- Fourth quarter SaaS and license revenue increased 10.5% year-over-year to $134.6 million -- -- Fourth quarter total revenue increased 6.6% year-over-year to $208.1 million -- -- Full year 2022 SaaS and license revenue increased 13.0% year-over-year to $520.4 million -- -- Ful...

Summary Akre Capital Management’s 13F portfolio value decreased from $11.34B to $11.06B this quarter. They increased Brookfield Corp while decreasing O’Reilly Auto, Adobe, CarMax, and Verisk Analytics. They also dropped Salesforce.com and Snowflake. The top three posit...

Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced that it will report 2022 fourth quarter and full year financial results after the market close on Thursday, February 23, 2023. Management will host a conference call and webcast...

Summary Alarm.com is, relative to the global smart home market, a minor player with its 2.0% share. I believe that the company is slightly overvalued right now, but a SaaS model is historically associated with investors willing to pay more. I rate shares as HOLD with an estimated fa...