Alarum Technologies (NASDAQ:ALAR) Posts Earnings Results

Alarum Technologies (NASDAQ:ALAR) released its quarterly earnings data on Thursday. The company reported $0.20 earnings per share 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 firm had revenue of $7.37 million for the quarter, compared to analyst estimates of $7.48 million. Alarum Technologies updated its Q1 2025 guidance to EPS.

Alarum Technologies Price Performance

ALAR opened at $6.94 on Friday. The company’s 50-day moving average is $8.68 and its 200 day moving average is $11.12. Alarum Technologies has a fifty-two week low of $5.86 and a fifty-two week high of $46.69. The firm has a market capitalization of $48.12 million, a P/E ratio of 6.43 and a beta of 0.69.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group dropped their price target on shares of Alarum Technologies from $25.00 to $11.00 and set a “buy” rating on the stock in a research report on Friday.

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.