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Alarm.com Holdings Inc. (ALRM)
NASDAQ:ALRM
Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.53Last Year’s EPS
0.62Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 20, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 08, 2025
Earnings Call Sentiment|Positive
The earnings call presented a generally positive picture with significant growth in SaaS and license revenue, strong performance from commercial and EnergyHub sectors, and a solid financial position. However, the hardware revenue decline, challenges with the ADT partnership, and potential impacts of tariffs present some concerns.Company Guidance
During the Alarm.com earnings call for the fourth quarter and full year 2024, the company provided guidance for 2025, projecting SaaS and license revenue to be between $671.2 million and $671.8 million. Total revenue for 2025 is expected to range from $978.2 million to $980.8 million, which includes estimated hardware and other revenue of $307 million to $309 million. The company also anticipates adjusted EBITDA to fall between $188 million and $192 million. Alarm.com estimates non-GAAP adjusted net income for 2025 to be between $130 million and $131 million, translating to $2.28 to $2.29 per diluted share. These projections take into account a 200 basis point headwind from the ADT+ transition, flat license revenue growth, and a stronger dollar impacting international revenues. The company also plans to maintain a non-GAAP tax rate of 21% for 2025 and expects full-year stock-based compensation expense to be $43 million to $45 million.SaaS and License Revenue Growth
Fourth quarter SaaS and license revenue was $165.7 million, up 11.7% over the last year. For the full year of 2024, SaaS and license revenue grew 10.9% over 2023.
Commercial and EnergyHub Growth
Collectively, commercial business, international business, and EnergyHub contributed 26% of total SaaS in 2024, with SaaS revenue growing nearly 25% year-over-year.
Strong Financial Position
Alarm.com ended 2024 with $1.22 billion in cash and cash equivalents, up from $697 million at the end of 2023. Free cash flow for 2024 was $196.3 million compared to $128.4 million for 2023.
High Revenue Retention Rate
Revenue retention rate was 95% in the fourth quarter, above the historical trend and higher than the long-term target range of 92% to 94%.
OpenEye and EnergyHub Performance
OpenEye generated nearly $20 million in SaaS revenue in 2024, while EnergyHub is now more than a $50 million SaaS business.
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ALRM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALRM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 20, 2025 | $60.56 | ― | ― |
| Nov 07, 2024 | $57.14 | $63.51 | +11.15% |
| Aug 08, 2024 | $65.60 | $61.15 | -6.78% |
| May 09, 2024 | $68.79 | $67.93 | -1.25% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alarm.com Holdings Inc. (ALRM) report earnings?
Alarm.com Holdings Inc. (ALRM) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Alarm.com Holdings Inc. (ALRM) earnings time?
Alarm.com Holdings Inc. (ALRM) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALRM EPS forecast?
ALRM EPS forecast for the fiscal quarter 2024 (Q4) is 0.53.
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