Alarm.com Raises Its Outlook for the Year

Alarm.com Raises Its Outlook for the Year

Connected-home software provider Alarm.com (NASDAQ: ALRM) reported its second-quarter results after the market closed on Aug. 8. Growth accelerated compared to the first quarter, and profits surged, driven by both revenue growth and a sizable tax benefit. Alarm.com also boosted its guidance, calling for much higher non-GAAP earnings per share compared to its previous outlook. Here's what investors need to know about Alarm.com's second-quarter results.

Metric

Q2 2017

Continue reading

Source: Fool.com