Alarm.com beats by $0.08, beats on revs; issues FY16 EPS above consensus, raises revs above consensus :
- Reports Q3 (Sep) earnings of $0.19 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus of $0.11; revenues rose 25.6% year/year to $67.8 mln vs the $59.73 mln Capital IQ Consensus.
- Co raises guidance for FY16, sees EPS of $0.58-0.59, excluding non-recurring items, vs. $0.50 Capital IQ Consensus Estimate, from $0.49-0.51; raises FY16 revs to $254-256.3 mln vs. $245.15 mln Capital IQ Consensus Estimate, from $242.3-245.8 mln
- Q4 guidance...
- SaaS and license revenue is expected to be in the range of $45.8 million to $46.1 million
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