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I'm glad to help you with your request for information about the company Alarm.com (Nasdaq: ALRM). Alarm.com is a leading provider of cloud-based software and services for the smart home and business security market. The company's platform enables users to remotely monitor and control a wide range of connected devices, including security systems, thermostats, cameras, and lights.
As of the most recent quarterly report, Alarm.com's revenue for Q3 2021 was $156.8 million, representing an increase of 17% year-over-year. The company's net income for the quarter was $14.7 million, or $0.21 per diluted share. This compares to net income of $11.9 million, or $0.17 per diluted share, in the same period last year.
For the full year 2021, Alarm.com expects revenue to be in the range of $608 million to $613 million, representing growth of 15% to 16% compared to 2020. The company also expects adjusted EBITDA for the full year to be in the range of $128 million to $131 million.
Alarm.com has a strong track record of revenue growth and profitability, and has consistently beat analysts' earnings estimates. The company's stock price has reflected this success, with the stock price increasing by more than 50% over the past 12 months.
It's important to note that investing in individual stocks carries inherent risks and it's always recommended to consult a financial advisor or conduct your own research before making investment decisions.
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