Gold prices steady ahead of Fed decision, Trump’s tariff deadline
ROWLEY, Mass. - Shooter Detection Systems (SDS), a division of Alarm.com (NASDAQ:ALRM), a $2.77 billion market cap company with strong financial health and 6.72% revenue growth, reported that its outdoor gunshot detection technology helped law enforcement apprehend a drive-by shooter in a high-crime downtown area.
According to a company press release, SDS Perimeter Outdoor Gunshot Detection sensors detected gunfire at a retail storefront and alerted police in real-time, despite the absence of witnesses, victims, or visible damage. The dual-verification system captured both acoustic and infrared signals, providing officers with location data within three seconds of the shooting.
The technology provided several key pieces of information, including the location of the gunfire, vehicle speed calculation (37 mph), weapon type identification (handgun), and shot pattern analysis showing four rapid-fire rounds. The system’s integration with video management systems allowed police to access surveillance footage showing the suspect’s vehicle and license plate, leading to an arrest.
During a search of the vehicle, police found shell casings that matched the detected gunfire.
Following this incident, the police department expanded its SDS system from 3 to 15 sensors across high-risk areas. According to InvestingPro analysis, Alarm.com maintains a healthy liquidity position with a current ratio of 2.14, enabling continued investment in innovative security solutions. The stock currently trades below its Fair Value, suggesting potential upside opportunity.
"This case demonstrates how automated gunshot detection eliminates reliance on witness reports and accelerates police response when every second counts," said James Reno, Vice President of Sales for Shooter Detection Systems.
SDS is certified by the U.S. Department of Homeland Security’s SAFETY Act program and is used by law enforcement agencies nationwide.
In other recent news, Alarm.com reported its Q1 2025 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.54, compared to the forecasted $0.51. The company’s revenue also exceeded projections, reaching $238.8 million, while analysts had anticipated $237.25 million. Additionally, Alarm.com announced the release of its new ADC-T25 Smart Thermostat, designed to offer advanced features at a lower price point. This new product aims to expand the company’s market reach by providing flexible installation options, including battery power operation when no C-wire is present. The thermostat also features auto-configuration with wire detection, simplifying the setup process. These recent developments highlight Alarm.com’s efforts to innovate and perform strongly in the market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.