earnings
confidence high
sentiment neutral
materiality 0.70
Alarm.com Q2 SaaS rev $129.5M (+14.4% YoY); GAAP EPS $0.21; raises FY revenue guidance
Alarm.com Holdings, Inc.
2022-Q2 EPS reported
$0.38
revenue$418,282,000
- SaaS and license revenue $129.5M, up 14.4% YoY; total revenue $212.8M, up 12.7%.
- GAAP net income $10.8M ($0.21 diluted) vs $14.7M ($0.28) in Q2 2021, pressured by supply chain costs.
- Non-GAAP adjusted EBITDA $37.1M vs $38.0M; non-GAAP adjusted net income $26.9M ($0.49) vs $27.7M ($0.54).
- FY2022 total revenue guidance raised to $828.5-859.0M; SaaS rev guided to $518.5-519.0M; adjusted EPS $1.89-1.91.
- Cash from ops $26.2M; free cash flow $2.1M after $21.5M land purchase; repurchased 834,654 shares for $51.5M in H1.