Alarum Technologies (NASDAQ:ALAR) Issues Quarterly Earnings Results

Alarum Technologies (NASDAQ:ALAR) announced its quarterly earnings results 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 return on equity of 46.33% and a net margin of 22.21%. Alarum Technologies updated its Q1 2025 guidance to EPS.

Alarum Technologies Stock Performance

Shares of ALAR traded down $1.36 during midday trading on Thursday, hitting $6.68. 239,961 shares of the stock were exchanged, compared to its average volume of 314,789. Alarum Technologies has a 52-week low of $5.86 and a 52-week high of $46.69. The stock has a fifty day simple moving average of $8.84 and a 200 day simple moving average of $11.20. The firm has a market cap of $46.30 million, a P/E ratio of 6.13 and a beta of 0.69.

Analyst Upgrades and Downgrades

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