Alarm.com Holdings, Inc. (ALRM) Tops Q1 EPS by 12c

Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q1 EPS of $0.50, $0.12 better than the analyst estimate of $0.38. Revenue for the quarter came in at $172.5 million versus the consensus estimate of $154.25 million.

“We’re pleased to report solid results to begin the year,” said Steve Trundle, President and CEO of Alarm.com. “During the quarter, we continued to see good momentum in the North American market and our service provider partners continued to drive growth as they used our technology to reinforce their strong position in the connected property market.”

GUIDANCE:

Alarm.com Holdings, Inc. sees FY2021 EPS of $1.63-$1.72, versus the consensus of $1.67. Alarm.com Holdings, Inc. sees FY2021 revenue of $680.5-691 million, versus the consensus of $668.99 million.

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

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