Alarm.com Holdings (NASDAQ:ALRM) reported its Q4 earnings results on Thursday, February 22, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Alarm.com Holdings beat estimated earnings by 31.91%, reporting an EPS of $0.62 versus an estimate of $0.47.

Revenue was up $18.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.16 which was followed by a 9.95% increase in the share price the next day.

Here's a look at Alarm.com Holdings's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Alarm.com Holdings management provided guidance for FY 2024, expecting earnings between $2.1 and $2.14 per share.

To track all earnings releases for Alarm.com Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.