TYSONS, Va. (AP) — TYSONS, Va. (AP) — Alarm.com Holdings Inc. (ALRM) on Thursday reported third-quarter net income of $34.4 million.

The Tysons, Virginia-based company said it had profit of 66 cents per share. Earnings, adjusted for one-time gains and costs, came to 90 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The security service company posted revenue of $279.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $266 million.

Alarm.com expects full-year earnings in the range of $3.02 to $3.04 per share, with revenue in the range of $1.1 billion to $1.11 billion.

Alarm.com shares have risen 31% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $67.03, an increase of 41% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALRM at https://www.zacks.com/ap/ALRM