earnings
confidence high
sentiment positive
materiality 0.70
Alarm.com Q2 revenue up 33% to $188.9M; GAAP net income down 13%; raises FY2021 guidance
Alarm.com Holdings, Inc.
2021-Q2 EPS reported
$0.57
revenue$361,355,000
- SaaS & license rev $113.2M (+18.3% YoY); total rev $188.9M (+33.3%).
- GAAP net income $14.7M ($0.28/dil) vs $17.0M ($0.34) YoY; non-GAAP adj net $27.7M ($0.54).
- Non-GAAP adj EBITDA $38.0M (+30.1% YoY) vs $29.2M.
- Raised FY2021 total rev guidance to $707.3M-$717.8M; SaaS/license $452.3M-$452.8M; adj EPS $1.77-$1.79.
- Cash $662.7M from Jan 2021 $500M convertible note issuance (0% due 2026).