Alarm.com Holdings, Inc. (ALRM) Tops Q2 EPS by 18c

Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q2 EPS of $0.33, $0.18 better than the analyst estimate of $0.15. Revenue for the quarter came in at $86 million versus the consensus estimate of $81.03 million.

GUIDANCE:

Alarm.com Holdings, Inc. sees FY2017 EPS of $0.96-$0.98.

For the third quarter of 2017:

• SaaS and license revenue is expected to be in the range of $60.6 million to $60.8 million.

For the full year 2017:

• SaaS and license revenue is expected to be in the range of $233.3 million to $233.8 million.
• Total revenue is expected to be in the range of $326.3 million to $327.8 million, which includes anticipated hardware and other revenue in the range of $93 million to $94 million.
• Non-GAAP adjusted EBITDA is expected to be in the range of $66.5 million to $67.3 million.
• Non-GAAP adjusted net income is expected to be in the range of $47.5 million to $48.3 million.
• Based on an expected 49.4 million weighted average shares outstanding (diluted), non-GAAP adjusted net income is expected to be in the range of $0.96 to $0.98 per diluted share.

For earnings history and earnings-related data on Alarm.com Holdings, Inc. (ALRM) click here.

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