Alarm.com Now Sees Double-Digit Growth in 2019
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