Raymond James Downgrades Alarm.com (ALRM) to Market Perform
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Credit Suisse Raises Price Target on Alarm.com Holdings, Inc. (ALRM) as Hardware Drives 2Q Beat
August 16, 2016 10:17 AM UTCCredit Suisse reiterated an Outperform rating on Alarm.com Holdings, Inc. (NASDAQ: ALRM), and raised the price target to $35.00 (from $28.00), following the company's 2Q earnings report. ALRM reported results all above estimates, with Hardware revenue driving the company's top line beat.
Analyst Michael Nemeroff commented, "ALRM posted strong Q2 results, in our view, with revenue, adj. EBITDA, and EPS all above expectations. Hardware... More
Alarm.com Holdings, Inc. (ALRM) Tops Q2 EPS by 4c, Offers FY Guidance
August 15, 2016 4:42 PM UTCAlarm.com Holdings, Inc. (NASDAQ: ALRM) reported Q2 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $64.4 million versus the consensus estimate of $58.61 million.
GUIDANCE:
Alarm.com Holdings, Inc. sees FY2016 EPS of... More
