earnings
confidence high
sentiment neutral
materiality 0.75
Alarm.com Q4 revenue up 17.9% to $195.3M; GAAP net income down 42.7%, non-GAAP adj EBITDA down 3.3%
Alarm.com Holdings, Inc.
2021-FY EPS reported
$1.01
revenue$748,969,000
- Q4 SaaS & license revenue $121.7M (+15.4% YoY); total revenue $195.3M (+17.9% YoY).
- Q4 GAAP net income $9.1M ($0.18 diluted EPS), down 42.7% YoY; non-GAAP adjusted net income $22.6M ($0.43), down 2.4%.
- Full-year 2021 total revenue $749.0M (+21.2%); GAAP net income $52.3M (-32.9%), non-GAAP adj EBITDA $142.5M (+13.7%).
- FY2022 guidance: SaaS/license rev $508-509M, total rev $808-819M, non-GAAP adj EBITDA $149-150M.
- Launched Smart Thermostat HD and expanded Alarm.com for Business with Enterprise Dashboards.