Alarm.com appoints new CFO Kevin Bradley

Published 19/03/2025, 21:14
Alarm.com appoints new CFO Kevin Bradley

TYSONS, Va. - Alarm.com (NASDAQ:ALRM), a leader in intelligent property connectivity with a market capitalization of $2.94 billion, announced the promotion of Kevin Bradley to Chief Financial Officer. In his new role, Bradley will oversee the company’s financial operations, including planning, analysis, accounting, tax, treasury, and investor relations. He will directly report to CEO Steve Trundle.

Bradley’s history with Alarm.com extends back to May 2009, where he has progressively held roles of increasing responsibility. Prior to his appointment, he served as Vice President of Financial Planning and Analysis since May 2017, a role in which he contributed to corporate strategy and operational decisions alongside the outgoing CFO Steve Valenzuela and the senior management team. According to InvestingPro data, the company maintains strong financial health with a current ratio of 7.85 and holds more cash than debt on its balance sheet.

Trundle, who has worked with Bradley for over a decade, praised his financial leadership and deep understanding of the company’s business models. He expressed confidence in Bradley’s abilities and is looking forward to introducing him to investors in the upcoming quarters.

Bradley’s educational background includes a Bachelor of Business Administration from the University of Notre Dame and a Master of Science in Finance from American University. His professional experience before joining Alarm.com includes a stint at Morgan Stanley in New York City from 2007 to 2008.

Alarm.com is renowned for its comprehensive platform that enables millions of users to manage and control their properties remotely. The platform is compatible with a wide array of IoT devices and offers services such as security, video surveillance, access control, intelligent automation, energy management, and wellness solutions through a network of professional service providers. The company has demonstrated solid performance with 6.59% revenue growth in the last twelve months and maintains profitable operations. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with additional insights available in the comprehensive Pro Research Report, part of the extensive coverage of over 1,400 US stocks.

The information for this article is based on a press release statement from Alarm.com.

In other recent news, Alarm.com Holdings Inc. reported its fourth-quarter earnings for 2024, surpassing analysts’ expectations with an earnings per share (EPS) of $0.58, compared to the forecasted $0.53. The company also exceeded revenue projections, reporting $242.2 million against the expected $237.45 million. Despite these positive results, Alarm.com’s stock experienced a slight decline. The company provided optimistic guidance for 2025, projecting continued growth in both SaaS and license revenue. Alarm.com also announced the acquisition of Chekked, which expands its capabilities in remote video monitoring. Additionally, Alarm.com launched new products, including an AI-powered video deterrence system, aiming to enhance its market offerings. The company is also dealing with potential challenges related to the ADT transition and broader market conditions. Analyst firms have not issued new upgrades or downgrades for Alarm.com in the latest reports.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.