March 9, 2018

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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Five on Friday: SaaS, Sales Channels and Signups

As you ponder springing forward this weekend to enjoy a little more daylight, check out this weeks Five on Friday. In this edition, TechRepublic offers five reasons for subscription companies to consider moving to SaaS, we examine Spotifys business model, The Economist looks for subscription growth, WWD explores why retailers should keep using subscription boxes as a sales channel, and PYMNTS shares ways for subscription merchants to simplify and streamline signup processes.

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