secwatch.observer — SEC 8-K summary
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Issuer:     Alarm.com Holdings, Inc. (ALRM)
CIK:        0001459200
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001459200-23-000027
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alarm.com Q3 SaaS rev up 8.9% to $145M; raises 2023 guidance
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- GAAP net income $19.5M ($0.37/diluted) vs $18.3M ($0.35) in Q3 2022; non-GAAP adjusted net income $30.6M ($0.56/diluted).
- SaaS and license revenue $145.0M (+8.9% YoY); total revenue $221.9M (+2.6% YoY); non-GAAP adjusted EBITDA $41.4M vs $40.8M.
- Raised 2023 guidance: SaaS rev $566.9-567.1M, adj. EBITDA $143-144M, adj. net income per share $1.90-1.92.
- Cash from operations $62.8M in Q3; free cash flow $60.9M; repurchased 239,540 shares at avg $53.66.
- Business highlights: enhanced mobile app, EnergyHub VPP events up 38% YoY, in-app property panic launched.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1459200/000145920023000027/0001459200-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1459200/000145920023000027/alrm-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001459200-23-000027

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer