Alarm.com Holdings ALRM reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:02 PM.
Here's what investors need to know about the announcement.
Alarm.com Holdings beat estimated earnings by 19.51%, reporting an EPS of $0.49 versus an estimate of $0.41.
Revenue was up $23.99 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 5.2% drop in the share price the next day.
Here's a look at Alarm.com Holdings's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
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).
Alarm.com Holdings management provided guidance for FY 2022, expecting earnings between $1.89 and $1.91 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.
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