– Adj EBITDA $14.1M, +30% y/y
– SaaS and license revenue $50.2M, +26% y/y
December 12, 2016: Seeing heavy call activity 2400 Mar 35 calls traded at $0.70.
November 30, 2016: Maxim initiates coverage of Alarm.Com Holdings with a Buy rating, and a price target of $37.
November 14, 2016: Alarm.Com Holdings reports Q3 EPS of $0.19 versus the $0.11 estimate. Revenue also beat coming in at $67.8 million versus the $59.8 million estimate. The company names Steve Valenzuela the new CFO, effective November 15, 2016.
The CEO said, “Along with our service providers, we remain well positioned to capture growing momentum in the market for connected home and business solutions. At the same time, we continued to invest in our platform to open new market opportunities for Alarm.com and our partners. Valenzuela joins Alarm.com from SugarCRM, where he served as CFO since January of 2015.”
Alarm.com is the leading platform solution for the connected home. Alarm.com makes connected home technology broadly accessible to millions of home and business owners. Our cloud-based services enable home and business owners to intelligently secure their properties and automate and control a broad array of connected devices through a single, intuitive user interface.
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