Alarum Technologies (NASDAQ:ALAR) Issues Quarterly Earnings Results, Beats Expectations By $0.18 EPS

Alarum Technologies (NASDAQ:ALAR) issued its quarterly earnings results on Thursday. The company reported $0.20 EPS for the quarter, topping 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 Price Performance

NASDAQ ALAR traded down $1.39 on Thursday, hitting $6.66. The company had a trading volume of 156,369 shares, compared to its average volume of 314,555. Alarum Technologies has a 12-month low of $5.86 and a 12-month high of $46.69. The company has a market capitalization of $46.15 million, a PE ratio of 6.16 and a beta of 0.69. The company’s fifty day moving average price is $8.84 and its 200-day moving average price is $11.20.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut their price target 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.

About Alarum Technologies

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.