Alarum Technologies (NASDAQ:ALAR) Announces Quarterly Earnings Results

Alarum Technologies (NASDAQ:ALAR) announced its quarterly earnings data on Thursday. The company reported $0.20 EPS for the quarter, beating the consensus estimate 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%. Alarum Technologies updated its Q1 2025 guidance to EPS.

Alarum Technologies Stock Down 17.2 %

Shares of NASDAQ:ALAR traded down $1.39 during trading on Thursday, hitting $6.66. 156,369 shares of the stock traded hands, compared to its average volume of 314,555. The company has a market cap of $46.15 million, a price-to-earnings ratio of 6.16 and a beta of 0.69. The company has a fifty day moving average price of $8.84 and a two-hundred day moving average price of $11.20. Alarum Technologies has a 52-week low of $5.86 and a 52-week high of $46.69.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group cut their target price on shares of Alarum Technologies from $28.00 to $25.00 and set a “buy” rating for the company in a report 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.