Tag: Stephen Trundle
Alarm.com highlights core business, not AI, in financial results
February 25, 2026Ken Showers
TYSONS, Va. — Alarm.com will continue leveraging technology to drive internal productivity gains and to augment its capabilities through products such as AI-based deterrence and monitoring solutions, said CEO Stephen Trundle during a recent earnings call. “However,” he added, “we do not see AI driving a change to our fundamental business model structure.”
Instead, the company will continue to deploy...
Alarm.com releases Q4, full-year 2022 results
February 24, 2023Ken Showers
TYSONS, VA – Alarm.com has released its fourth fiscal quarter 2022/full-year results, and the outlook is positive for the residential security provider.
On Feb. 23 the company held its conference call and webcast discussing its earnings as the company looks to 2023. At a glance, the company’s fourth quarter Software-as-a-Service (SaaS) and license revenue increased 10.5 percent year-over-year to $134.6 million, and total revenue increased 6.6 percent year-over-year...