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Alarm.com Now Sees Double-Digit Growth in 2019

TheMotleyFool

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Alarm.com Now Sees Double-Digit Growth in 2019Photo, wide shot, wide-angle lens, Software company, sunset photo at golden hour, photo by Marc Adamus: https://img.theapi.app/temp/9d624ad0-0157-4808-b12c-caf136345180.png

Connected-home software provider Alarm.com (NASDAQ: ALRM) reported its second-quarter results after the market closed on Aug. 8. Both revenue and adjusted earnings grew at double-digit rates, and the company raised its full-year guidance despite uncertainty surrounding tariffs on Chinese goods. Alarm.com now sees roughly 10% revenue growth this year, up from the single-digit growth it expected in March.

Metric

Q2 2019

Source Fool.com

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