Alarm.com Enhances Security Solutions With Smart Signal
Zacks Investment Research | Jan 08, 2019 09:57PM ET
In a bid to bolster its Security Solutions portfolio, Alarm.com Holdings, Inc. (NASDAQ:ALRM) introduced a new mobile app, Smart Signal. The app is a free upgrade for existing customers and enables users to send an alert to the monitoring station in case of an emergency.
The app is user-friendly, given the fact that a false alarm can be stopped or an actual alert initiated from anywhere. Moreover, Smart Signal sends real-time information to the monitoring station, which enables security professionals to address an emergency and alert the local police or fire department.
We believe that Alarm is poised to benefit from this new app, which is devised to ensure home and workplace safety.
Coming to price performance, shares of Alarm have increased 47.7% over a year against the Zacks Investment Research
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