Alarm.com Reports Q4 SaaS, License Revenue Increased 39%
During its fourth quarter, Alarm.com expanded its energy management portfolio with release of a new smart thermostat with advanced capabilities for energy efficiency and proactive detection.
During its fourth quarter, Alarm.com expanded its energy management portfolio with release of a new smart thermostat with advanced capabilities for energy efficiency and proactive detection.
Napco reported net income for the quarter increased to $1. 2 million from $857,000 a year ago. The company cites demand for alarm communications in the connected home category as a key driver.
The U.S. industrial conglomerate said it expects to bring back at least $7 billion in cash it holds overseas during the next two years, taking advantage of the new law.
The cable giant reported it added a net of 350,000 new broadband subscribers and increased business services revenue by 12.2%.
Napco reported net sales for the quarter were a record $21.2 million, up 5% from the same quarter last year.
Alarm.com reported quarterly SaaS and license revenue of $61.9 million, an increase of 39% compared to the prior year.
Napco reported its net sales for the fiscal year were a record $87.4 million, up 6% from the same period last year.
ScanSource execs attribute video surveillance sales in North America as key driver of the distributor’s Worldwide Barcode Networking and Security segment.
The MONI and LiveWatch holding company reported net losses for the three and six months ended June 30 totaled $43.5 million and $62.4 million, respectively.
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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