Alarm.com Holdings, Inc. (ALRM) Tops Q2 EPS by 10c, Revenues Beat; Offers FY20 EPS/Revenue Guidance Above Consensus

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UPDATE: William Blair Downgrades Alarm.com (ALRM) to Market Perform Amid Google/ADT Deal

August 3, 2020 10:52 AM EDT

(Updated - August 3, 2020 10:53 AM EDT)

William Blair analyst Bhavan Suri downgraded Alarm.com (NASDAQ: ALRM) from Outperform to Market Perform following Google's deal with ADT.

The analyst commented, "Although we do not believe that the ADT and Google... More

Alarm.com (ALRM) Sinks as Google Partners, Invests in ADT

August 3, 2020 9:27 AM EDT

Alarm.com Holdings, Inc. (NASDAQ: ALRM) falls 8.6% in pre-open trade Monday as Alphabet Inc's (NASDAQ: GOOGL) Google is buying a 6.6% stake in home security firm ADT (NYSE: ADT) for $450 million in a deal that will allow it to provide service to customers of its Nest home security devices

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