Alarm.com Grows SaaS and License Revenue 39 Percent in Q4 2017
Alarm.com is seeing growth in its SaaS and license revenue as that line of business becomes a larger part of total revenue. In fact, in its fourth quarter and full year 2017 financial report, Alarm.com Holdings, Inc. (NASDAQ: ALRM) reported SaaS and license revenue of $65.2 million, a 39 percent increase compared to Q4 2016 revenue of $46.9 million. Total revenue grew to $88.8 million, a 27 percent increase over $69.8 million for the same period last year.
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