NASDAQ$ALRM
Alarm.com Holdings Inc. · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported solid results for the second quarter of 2022, driven by service provider partners and healthy market for connected property technology.
Alarm.com reported a 12.7% increase in total revenue, reaching $212.8 million, and a 14.4% increase in SaaS and license revenue, totaling $129.5 million. However, GAAP net income decreased to $10.8 million, or $0.21 per diluted share, and non-GAAP adjusted EBITDA decreased to $37.1 million.
- SaaS and license revenue increased by 14.4% year-over-year to $129.5 million.
- Total revenue increased by 12.7% year-over-year to $212.8 million.
- GAAP net income attributable to common stockholders decreased to $10.8 million, or $0.21 per diluted share.
- Non-GAAP adjusted EBITDA decreased to $37.1 million.
Headline financials
Revenue & EPS history
Alarm.com · Revenue · Quarterly
$213M
Revenue by segment
Alarm.com · $213M total across 2 segments · Q2 2022
- SaaS and license revenue$129M+14.4%60.8%
- Hardware and other revenue$83.4M+10.2%39.2%
Forward guidance
Alarm.com is providing its outlook for SaaS and license revenue for the third quarter of 2022 and increasing its revenue guidance for the full year of 2022 based upon current management expectations.
Tailwinds
- SaaS and license revenue is expected to be in the range of $130.9 million to $131.1 million for the third quarter of 2022.
- SaaS and license revenue is expected to be in the range of $518.5 million to $519.0 million for the full year of 2022.
- Total revenue is expected to be in the range of $828.5 million to $859.0 million for the full year of 2022.
- Non-GAAP adjusted EBITDA is expected to be in the range of $149.0 million to $150.0 million for the full year of 2022.
- Non-GAAP adjusted net income attributable to common stockholders is expected to be in the range of $104.3 million to $105.0 million for the full year of 2022.
Headwinds
- The guidance provided is forward-looking in nature.
- Actual results may differ materially.
- The guidance provided is based on expectations as of the date of this press release and Alarm.com undertakes no obligation to update guidance after such date.
- Reconciliation of adjusted EBITDA and adjusted net income attributable to common stockholders guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis.
- Non-ordinary course litigation expense, acquisition-related expense and tax windfall adjustments can have unpredictable fluctuations based on unforeseen activity that is out of our control and/or cannot reasonably be predicted.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.6%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+0.4%
Avg return
30 days after
52%
25 / 48 earnings
Positive
+22.7%
Q2 2023
Best reaction
-14.0%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.3% | -9.9% | -3.4% | |
| Q4 2025 | +0.8% | +4.2% | -1.8% | |
| Q3 2025 | +5.8% | +6.4% | +10.5% | |
| Q1 2025 | +1.5% | +8.4% | +5.4% | |
| Q4 2024 | -1.7% | -4.5% | -6.6% | |
| Q3 2024 | +9.5% | +4.3% | +17.9% | |
| Q2 2024 | -5.0% | -6.1% | -14.9% | |
| Q1 2024 | -1.0% | -0.5% | -9.2% | |
| Q4 2023 | +4.3% | +9.3% | +5.9% | |
| Q3 2023 | +8.8% | +11.7% | +9.5% | |
| Q2 2023 | +22.7% | +16.5% | +17.8% | |
| Q1 2023 | +4.8% | +4.3% | +6.2% | |
| Q4 2022 | -2.0% | -2.1% | -4.8% | |
| Q3 2022 | -14.0% | +2.2% | -11.0% | |
| Q2 2022 | +3.6% | +4.9% | -3.4% | |
| Q1 2022 | -10.9% | -9.7% | +1.8% | |
| Q4 2021 | -1.1% | +0.5% | -1.1% | |
| Q3 2021 | +2.7% | +0.8% | -9.7% | |
| Q2 2021 | +7.4% | +3.5% | +1.3% | |
| Q1 2021 | -5.8% | -4.6% | -12.5% | |
| Q4 2020 | -5.4% | -1.9% | -6.2% | |
| Q3 2020 | +12.9% | +8.6% | +23.1% | |
| Q2 2020 | -0.2% | -2.7% | -2.7% | |
| Q1 2020 | +12.2% | +11.3% | +31.9% | |
| Q4 2019 | +3.9% | +4.4% | -8.2% | |
| Q3 2019 | -9.4% | -11.2% | -16.6% | |
| Q2 2019 | +5.3% | -2.1% | +1.2% | |
| Q1 2019 | -8.1% | -15.4% | -22.2% | |
| Q4 2018 | -8.8% | -9.0% | -0.2% | |
| Q3 2018 | +8.5% | +3.2% | +10.7% | |
| Q2 2018 | +8.4% | +13.0% | +23.9% | |
| Q1 2018 | -3.2% | -6.2% | +6.7% | |
| Q4 2017 | -6.3% | -3.1% | -2.2% | |
| Q3 2017 | -12.8% | -11.5% | -18.7% | |
| Q2 2017 | +5.7% | +4.0% | +13.8% | |
| Q1 2017 | -3.2% | -4.4% | +6.1% | |
| Q4 2016 | +3.8% | +8.9% | +2.5% | |
| Q3 2016 | -9.2% | -4.3% | -9.3% | |
| Q2 2016 | -2.8% | -9.1% | -17.1% | |
| Q1 2016 | -1.7% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2013 | +3.0% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2014 | -2.7% | — | — | |
| Q3 2015 | -2.7% | — | — | |
| Q2 2015 | +2.4% | — | — | |
| Q4 2014 | +2.4% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — |
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