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Alarm.com Reports Fourth Quarter and Full Year 2020 Results – Consumer Electronics Net


1 month ago
year-over-year to $105.5 million
Fourth quarter total revenue increased 18% year-over-year to $165.6 million
Fourth quarter GAAP net income attributable to common stockholders increased to $16.0 million, compared to $13.0 million for the fourth quarter 2019
Fourth quarter non-GAAP adjusted EBITDA increased 8% year-over-year to $32.4 million, compared to $30.0 million for the fourth quarter 2019
TYSONS, Va.–(BUSINESS WIRE)–Alarm.com Holdings, Inc. (Nasdaq: ALRM), the leading platform for the intelligently connected property, today reported financial results for its fourth quarter and full year ended December 31, 2020. Alarm.com also provided its financial outlook for SaaS and license revenue for the first quarter of 2021 and guidance for the full year 2021. ....

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SUN Automation Group Enters Exclusive Strategic Partnership Agreement with PARA Srl


SUN Automation Group Enters Exclusive Strategic Partnership Agreement with PARA Srl
SUN to become exclusive Agent and service provider for PARA Srl
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SUN Automation Group (SUN), a global leader in providing innovative solutions to the corrugated industry, is proud to announce it has entered into an exclusive strategic partnership agreement with the Italian material handling company, PARA Srl. Effective February 2021. SUN will be the exclusive representative of all PARA equipment for the United States, United Kingdom and Ireland. In addition, SUN will be the service provider for all PARA equipment and the distributor of PARA parts in the United States, Canada, the United Kingdom and Ireland.  ....

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ADT Reports Fourth Quarter and Full Year 2020 Results


Net loss of $112 million, compared to $72 million
FULL YEAR
Net loss of $632 million, compared to $424 million
Adjusted EBITDA of $2,199 million, compared to $2,483 million
Net cash provided by operating activities of $1,367 million, compared to $1,873 million
Net cash used in investing activities of $1,137 million, compared to $978 million
Net cash used in financing activities of $70 million, compared to $1,214 million
Adjusted Free Cash Flow of $675 million, up from $590 million
Trailing twelve-month revenue payback at a record low 2.2 years
Trailing twelve-month gross customer revenue attrition of 13.1%, decreased 30 bps from a year ago
“ADT once again delivered strong financial and operating results during the fourth quarter. We maintained our record low revenue payback, while growing our RMR additions by double digits and increasing our net subscribers. This performance caps a year of delivering solid financial results while ensuring ....

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