Alarm.com is a technology company that specializes in providing cloud-based services for smart security and home automation. The company offers a suite of products and solutions that allow homeowners and businesses to monitor and manage their security systems, energy usage, and other connected devices through a centralized platform. By leveraging innovative technology, Alarm.com enhances user experiences with features such as video surveillance, smart home integration, and real-time alerts, all designed to improve safety, convenience, and operational efficiency for its customers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vertical software stocks fared in Q3, starting with Bentley (NASDAQ:BSY).
Insurance industry-focused software maker Guidewire (NYSE:GWRE) will be announcing earnings results tomorrow after market hours. Here’s what investors should know.
Home security and automation software provider Alarm.com (NASDAQ:ALRM) reported Q3 CY2024 results exceeding the market’s revenue expectations, with sales up 8.4% year on year to $240.5 million. The company’s full-year revenue guidance of $934.8 million at the midpoint came in slightly above analysts’ estimates. Its GAAP profit of $0.67 per share was also 60.6% above analysts’ consensus estimates.
Home security and automation software provider Alarm.com (NASDAQ:ALRM) will be announcing earnings results tomorrow after market close. Here’s what investors should know.
U.S. stocks traded higher, with the Dow Jones gaining around 80 points on Friday. Shares of Synaptics Incorporated (NASDAQ: SYNA) rose sharply on Friday after the company reported better-than-expected quarterly financial results.
U.S. stocks are priming for a lackluster open on Friday, with the index futures trading on a narrowly mixed note. Interest rate worries have likely perked up, as reflected by the upward move in bond yields. Traders are also left to digest some disappointing earnings reports. Global cues are negative as well.
The stock market’s momentum appears to be waning, and futures suggest a mixed opening for Thursday. Earnings reports have generally been positive, with companies like Walt Disney Co.
