Alarm.com Holdings Q2 2024 Adj EPS $0.58 Beats $0.49 Estimate, Sales $233.80M Beat $227.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alarm.com Holdings (NASDAQ: ALRM) reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.49. Sales were $233.80M, surpassing the $227.25M estimate and showing a 4.43% increase from last year.
August 08, 2024 | 8:37 pm
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Alarm.com Holdings reported Q2 2024 adjusted EPS of $0.58, beating the estimate of $0.49 by 18.37%. Sales were $233.80M, surpassing the $227.25M estimate and showing a 4.43% increase from last year.
The company's earnings and sales both exceeded analyst estimates, which is likely to positively impact the stock price in the short term. The 4.43% year-over-year increase in sales further supports a positive outlook.
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IMPORTANCE 80
RELEVANCE 100