Alarm.com Reports Q2 Earnings; SaaS, License Revenue Increase 40 Percent
Alarm.com reported revenue increased 33% to $86 million for the second quarter of 2017 compared to $64.4 million for the same period the year prior.
Alarm.com reported revenue increased 33% to $86 million for the second quarter of 2017 compared to $64.4 million for the same period the year prior.
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Comcast will compete head-on with Alarm.com by aggressively pricing its wholesale security and home automation service for independent dealers.
Users can now ask Google to ‘secure my home’ with Alarm.com’s latest voice-control integration.
The smart home services platform provider reported SaaS and license revenue increased 26% to $50.2 million for the first quarter of 2017.
More smart home capabilities and customer retention are among Alarm.com partner benefits.
ISC West 2017: New smart-home solutions from Legrand, Skybell Technologies, Rachio and Rain Bird integrate with Alarm.com’s open hardware ecosystem.
The smart home services platform provider reported its adjusted EBITDA jumped 47% year over year to $14.3 million.