Alarm.com Bottom Line Takes Hit in Q1 Courtesy of Supply Chain Woes
Though Alarm.com’s Q1 revenues rose 19% to $205M, hardware and shipping costs increased dramatically, resulting in a price increase for Q2.
Though Alarm.com’s Q1 revenues rose 19% to $205M, hardware and shipping costs increased dramatically, resulting in a price increase for Q2.
Alarm.com continues to see success with its SaaS business model and anticipates up to 9.3% revenue growth in 2022 to as high as $819M.
The cameras include access to business activity analytics software, can be utilized for business operations tools and are NDAA compliant.
PSA integrators will be able to take advantage of services such as the Alarm.com for Business platform and new Ambient Insights for Alarm Response solution.
Free to builders, the turn-key program is deployed and supported by a nationwide network of certified dealers selling 2GIG products and Alarm.com service providers.
The service is said to harness AI- and machine-learning capabilities to deliver additional data to monitoring centers and first responders.
ecobee has a long-standing partnership with EnergyHub, an Alarm.com subsidiary, within the North American energy sector.
The company also provided its financial outlook for SaaS and license revenue for Q2 and increased its guidance for the full year of 2021.
Ferguson discusses how her company persevered during COVID-19, advice for women in security and much more in this month’s SECURE Perspectives.
Alarm.com Connected Car integrates vehicle insights, notifications and home automation features into the Alarm.com mobile app.