Financial FlexibilityThis transaction should net Alarm.com about $347 million in cash on the balance sheet, which the company may use toward potential M&A, to repurchase existing outstanding convertibles, to repurchase equity, or for general purposes.
Growth DriversThe Commercial, Video, and International segments led the way with 26% year-over-year growth, comprising 31% of total SaaS sales.
International ExpansionManagement said international now represents 5% of company revenue and is growing in the 20% range.