Financial PerformanceThe company's 4Q24 results exceeded expectations with SaaS and license revenue of $165.7 million, marking a 12% year-over-year increase.
Market PositionAlarm.com holds a dominant position in the smart security market with over 9 million connected properties and high retention rates exceeding 93%.
Revenue GrowthManagement has raised 2025 guidance for SaaS and license revenue, total revenue, adjusted EBITDA, non-GAAP net income, and non-GAAP diluted EPS.