Identiv Reports Q4, Fiscal Year 2016 Results
Revenues for the fourth quarter of 2016 were $14.6 million, compared to $15.6 million in the third quarter of 2016 and $13.1 million in the fourth quarter of fiscal year 2015.
Revenues for the fourth quarter of 2016 were $14.6 million, compared to $15.6 million in the third quarter of 2016 and $13.1 million in the fourth quarter of fiscal year 2015.
Annualized RMR attrition, a new performance indicator for the company, was less than 5% for the quarter compared to 10.4% for the same period in 2016.
The MONI and LiveWatch holding company reported RMR attrition declined in the 12 months ended Dec. 31, 2016, to 12.2% vs. 13.4% in the previous year.
Kratos posted revenue of $182.1 million in the period, exceeding Wall Street forecasts.
In announcing Andrew Teich’s retirement, the company said he will continue to serve in his current roles until a successor is appointed.
Control4 reported its non-GAAP net income for Q4 was $7.8 million, compared to $1.6 million during the same period in 2015.
Napco reported revenue of $20.7 million in the period. The company’s shares have increased nearly 9% since the beginning of the year.
Alarm.com revenue increased 26% to $67.8 million for the third quarter, compared to $54 million for the same period in 2015.
Net sales for the fiscal year were a record $82.5 million, up 6% from the same period last year.
Alarm.com revenue rose 24% to $64.4 million from last year, besting Wall Street’s projections of $58.6 million.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
