-=Alarm.com (ALRM) reported earnings on Tue 7 Aug 2018 (a/h)

Alarm.com beats by $0.07, beats on revs; guides FY18 EPS above consensus, revs above consensus 

• Reports Q2 (Jun) earnings of $0.34 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus of $0.27; revenues rose 21.5% year/year to $104.48 mln vs the $94.81 mln Capital IQ Consensus.
  • SaaS and license revenue increased 20.4% to $71.0 million, compared to $58.9 million. SaaS and license revenue includes software license revenue of $10.2 million, compared to $8.5 million.
• Q3 SaaS and license revenue is expected to be in the range of $72.2 million to $72.4 million.
• Co issues upside guidance for FY18, sees EPS of $1.19-1.20, excluding non-recurring items, vs. $1.15 Capital IQ Consensus Estimate; sees FY18 revs of $388-390 mln vs. $382.87 mln Capital IQ Consensus Estimate.
  • SaaS and license revenue is expected to be in the range of $286.0 million to $286.5 million.