Alarm.com (NASDAQ:ALRM) Beats Q4 Sales Targets
Home security and automation software provider Alarm.com (NASDAQ:ALRM) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 7.1% year on year to $242.2 million. The company expects the full year’s revenue to be around $979.5 million, close to analysts’ estimates. Its non-GAAP profit of $0.58 per share was 8.6% above analysts’ consensus estimates.