05:17 PM EDT, 05/09/2024 (MT Newswires) -- Alarm.com ( ALRM ) reported Q1 adjusted earnings late Thursday of $0.50 per diluted share, up from $0.41 a year earlier.

Analysts polled by Capital IQ expected $0.49.

Revenue for the quarter ended March 31 was $223.3 million, up from $209.7 million a year earlier.

Analysts surveyed by Capital IQ expected $219.7 million.

The company said it now expects full year 2024 adjusted EPS of $2.14 to $2.16 on revenue of $914.5 million to $931.0 million.

In February, it expected adjusted EPS of $2.10 to $2.14 and revenue of $912.5 million to $933.5 million.

Analysts polled by Capital IQ expected $2.14 for EPS on revenue of $924.8 million.

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