secwatch.observer — SEC 8-K summary
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Issuer:     Alarm.com Holdings, Inc. (ALRM)
CIK:        0001459200
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001459200-24-000024
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 +9.8% to $159.3M; GAAP net income +87.9% to $36.7M; raises FY2024 guidance
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- SaaS & license revenue $159.3M (+9.8% YoY); total revenue $240.5M (+8.4% YoY).
- GAAP net income $36.7M ($0.67 diluted) vs $19.5M ($0.37) a year ago; adjusted EBITDA $50.0M (+20.6%).
- Cash and equivalents $1.17B; YTD operating cash flow $150.2M; free cash flow $142.3M.
- Q4 SaaS rev guided $163.2-163.4M; FY2024 total rev $933.7-935.9M, adj. EBITDA $174-176M.
- New products: OpenEye Cloud Cameras, Gen-AI deterrence, Smart Thermostat HQ with cellular hub.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1459200/000145920024000024/0001459200-24-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1459200/000145920024000024/alrm-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001459200-24-000024

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