Alarm.com Holdings: Q4 Earnings Insights

Alarm.com Holdings ALRM reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Alarm.com Holdings beat estimated earnings by 31.91%, reporting an EPS of $0.62 versus an estimate of $0.47.

Revenue was up $18.10 million from the same period last year.

Last quarter the company beat on EPS by $0.16 which was followed by a 9.95% increase in the share price the next day.

Here's a look at Alarm.com Holdings's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.40	0.36	0.31	0.42
EPS Actual	0.56	0.49	0.41	0.53
Revenue Estimate	224.07M	214.46M	207.64M	207.29M
Revenue Actual	221.85M	223.88M	209.72M	208.14M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Alarm.com Holdings management provided guidance for FY 2024, expecting earnings between $2.1 and $2.14 per share.

To track all earnings releases for Alarm.com Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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