Connected-home platform provider Alarm.com (NASDAQ: ALRM) reported its fourth-quarter results after the market closed on March 15. Both software-as-a-service and hardware put up solid growth numbers, and non-GAAP earnings surged. The company’s guidance calls for continued growth in 2017, with high levels of subscriber retention providing a reliable source of revenue. Here’s what investors need to know about Alarm.com’s fourth-quarter report.
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Q4 2016