9, Maxim Group analyst Jack Vander Aarde reiterated a Buy rating on the stock with a price target of $79.Īrde’s expects the company to have a North America residential subscriber base of 9 million, an international residential subscriber base of 4 million, and commercial subscriber base of 1 million in 2029.

EPS grew 32.4% to $0.49, exceeding Street estimates by $0.18. Last month, reported 3Q revenue, which increased 24.2% year-on-year to $159 million, beating analysts’ estimates by $29.3 million. “Acquiring SDS allows us to tap into their established resources and give our partners the opportunity to capture the active shooter solutions market.” said ’s chief strategy officer Jeff Bedell.ĪLRM’s stock price has gained 82.1% year-to-date and is trading at a discount of 3.4% to its 52-week high. The gunshot detection technology provider will also continue to support its present customers and partners.Ī and SDS will work towards the advancement of SDS’ engineering and the development of its gunshot detection solutions. Under the terms of the deal, SDS will become a subsidiary of and continue to be led by its current management team. , ( ALRM) which offers cloud-based services for remote control, home automation, and monitoring services, said that the acquisition will play a crucial role in the expansion of its commercial plans and provide premier gunshot detection solutions to its partners’ customers. Shares rose 4.1% in Tuesday’s trading.įinancial terms of the deal weren’t disclosed. 14, announced the acquisition of indoor gunshot detection technology provider, Shooter Detection Systems (SDS).

Smart shooter stock