Alarum Technologies (NASDAQ:ALAR) Announces Earnings Results

Alarum Technologies (NASDAQ:ALAR) posted its quarterly earnings data on Thursday. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.18, Zacks reports. Alarum Technologies had a net margin of 22.21% and a return on equity of 46.33%. The company had revenue of $7.37 million during the quarter, compared to analyst estimates of $7.48 million. Alarum Technologies updated its Q1 2025 guidance to EPS.

Alarum Technologies Stock Performance

Shares of NASDAQ ALAR traded up $0.18 during mid-day trading on Friday, reaching $6.79. The company had a trading volume of 14,131 shares, compared to its average volume of 313,698. The stock has a fifty day moving average of $8.75 and a two-hundred day moving average of $11.17. The company has a market capitalization of $47.05 million, a price-to-earnings ratio of 6.23 and a beta of 0.69. Alarum Technologies has a 12-month low of $5.86 and a 12-month high of $46.69.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reduced their price objective on shares of Alarum Technologies from $28.00 to $25.00 and set a “buy” rating for the company in a research note on Tuesday, November 26th.

Alarum Technologies Company Profile

Alarum Technologies Ltd. provides internet access and web data collection solutions in North, South, and Central America, Europe, Southeast Asia, the Middle East, and Africa. The company operates through two segments, Enterprise Internet Access Solutions and Consumer Internet Access Solutions. The company offers security blanket against ransomware, viruses, phishing, and other online threats, as well as secured and encrypted connection, masking the customers online activity and keeping them safe from hackers.