Tag: NASDAQ

VIENNA, Va.—Alarm.com Holdings Inc. has priced its initial public offering of 7 million shares of common stock at $14 per share. The shares are expected to begin trading on NASDAQ today, June 26, under “ALRM,” according to the company.Underwriters have a 30-day option to purchase up to an additional 525,000 shares and up to 525,000 shares of common stock from selling stockholders at the initial public offering price to cover over-allotments, if any. Alarm.com will not receive any...

BOCA RATON, Fla.—ADT said Wednesday that its second-quarter net income rose 2 percent, an increase aided by additional customers for its ADT Pulse home automation system, according to an AP report For the period that ended March 29, ADT earned $107 million, or 47 cents per share. A year earlier the company earned $105 million (44 cents per share). On an adjusted basis, however, which excludes separation-related income, the company posted earnings per share of $0.41 for the quarter, which were...