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Alarm.com Reports Fourth Quarter and Full Year 2020 Results – Consumer Electronics Net

1 month ago
year-over-year to $105.5 million
Fourth quarter total revenue increased 18% year-over-year to $165.6 million
Fourth quarter GAAP net income attributable to common stockholders increased to $16.0 million, compared to $13.0 million for the fourth quarter 2019
Fourth quarter non-GAAP adjusted EBITDA increased 8% year-over-year to $32.4 million, compared to $30.0 million for the fourth quarter 2019
TYSONS, Va.–(BUSINESS WIRE)–Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today reported financial results for its fourth quarter and full year ended December 31, 2020. Alarm.com also provided its financial outlook for SaaS and license revenue for the first quarter of 2021 and guidance for the full year 2021. ....

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Alarm.com Holdings Inc (ALRM) Q4 2020 Earnings Call Transcript

Operator
Ladies and gentlemen, thank you for standing by, and welcome to the Alarm.com s Fourth Quarter 2020 Earnings Conference Call. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today, David Trone, Vice President of Investor Relations. Thank you. Please go ahead, sir.
David Trone
Vice President, Investor Relations
Thank you. Good afternoon, everyone, and welcome to Alarm.com s Fourth Quarter 2020 Earnings Conference Call. As a reminder, this call is being recorded. Joining us today from Alarm.com are Steve Trundle, President and CEO; and Steve Valenzuela, CFO. Before we begin, a quick reminder to our listeners. Management s discussion during the call today will include forward-looking statements, which include projected financial performance for the first quarter 2021 and full year 2021 and the impact of emerging market dynamics and tren ....

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