Published on 18 Apr 2024 on StockStory via Yahoo Finance
Q4 Rundown: Alarm.com (NASDAQ:ALRM) Vs Other Vertical Software Stocks
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at vertical software stocks, starting with Alarm.com (NASDAQ:ALRM).
Software is eating the world, and while a large number of solutions such as project management or video conferencing software can be useful to a wide array of industries, some have very specific needs. As a result, vertical software, which addresses industry-specific workflows, is growing and fueled by the pressures to improve productivity, whether it be for a life sciences, education, or banking company.