ADT delivered solid Q4 2024 results, with total revenue increasing by 8% year-over-year to $1.26 billion. Net income from continuing operations reached $197 million, while adjusted EPS was $0.20. The company achieved record-high recurring monthly revenue and maintained strong customer retention. ADT also improved free cash flow, reflecting its strategic focus on operational efficiency and profitability.
ADT reported a 5% increase in total revenue to $1.2 billion and a 2% increase in end-of-period recurring monthly revenue (RMR) to $359 million. GAAP income from continuing operations increased by 7% to $132 million, and adjusted EBITDA increased by 6% to $659 million. The company is on track to achieve its full-year 2024 guidance metrics.
ADT reported a 3% increase in total revenue, reaching $1.2 billion. The company focused on consumer and small business markets, expanding its innovative offerings and customer experience. Strong operating cash flow and debt reduction were also highlights.
ADT reported a strong start to 2024 with continued momentum in CSB segment revenue and Adjusted EBITDA, as well as cash flow growth. The company continued rolling out its new professionally installed ADT+ platform, positioning it to expand nationally in the coming months. ADT remains focused on driving significant cash flow while continuing to invest in growing and serving its customer base and returning capital to shareholders.
ADT Inc. reported Q4 2023 results, with total revenue of $1.2 billion. The company focused on its core consumer security and smart home business after divesting its commercial business and exiting solar. The company also reduced debt and increased its dividend.
ADT reported a solid third quarter with recurring monthly revenue reaching $350 million and a record revenue payback of 2.0 years. The company divested its commercial business and refinanced debt to improve its balance sheet. However, the solar business continued to underperform, leading to restructuring efforts.
ADT's second quarter results showed resilience with a record high recurring monthly revenue balance and customer retention. The company reported a total revenue of $1.6 billion and a GAAP net income of $92 million. They also announced an agreement to divest their commercial business for $1.6 billion.
ADT reported a strong start to 2023 with continued momentum in generating revenue and cash flow growth. Total revenue increased by 4% to $1.6 billion, with recurring monthly revenue (RMR) up 4% to $378 million. The company maintained record-high customer retention and improved capital efficiency with a record revenue payback of 2.0 years. ADT remains on track for continued positive progress across all its businesses and advancing toward its 2025 goals.
ADT Inc. reported a 19% increase in total revenue to $1.6 billion for Q4 2022. The company achieved record high customer retention and an end-of-period recurring monthly revenue (RMR) of $374 million, up 4%. GAAP net income was $151 million, or $0.16 per diluted share.
ADT reported strong Q3 2022 results with a 22% increase in total revenue, record high customer retention, and record revenue payback. The company reaffirmed its 2022 guidance metrics and announced a partnership with State Farm.
ADT Inc. reported a 23% increase in total revenue to $1.6 billion and record high customer retention with gross customer revenue attrition at 12.7%. The company's GAAP net income was $92 million, or $0.10 per diluted share, and adjusted EBITDA was $597 million, up 10%.
ADT reported strong improvements in revenue and earnings, growth in subscribers, and record high customer retention. The company is affirming its financial guidance for 2022.
ADT's Q4 2021 results showed a 5% increase in total revenue to $1.4 billion, a 5% increase in RMR to $359 million, and sequential and year-over-year net subscriber growth, with total subscribers reaching 6.6 million. The company reported a GAAP net loss of $58 million, or $(0.07) per share, and an adjusted net loss of $25 million, or $(0.03) per share. Adjusted EBITDA was $574 million.
ADT Inc. reported a 1% year-over-year increase in total revenue, reaching $1,317 million, driven by a 5% increase in monitoring and related services revenue. Net loss improved to $109 million from $113 million in the prior year. The company announced a definitive agreement to acquire Sunpro Solar for approximately $825 million.
ADT reported a 2% year-over-year decrease in total revenue to $1,304 million, driven by a decline in installation revenue. However, monitoring and related services revenue increased by 4%. The company reported a net loss of $126 million, compared to a net loss of $107 million in the prior year.
ADT Inc. reported a 5% decrease in total revenue year over year to $1,305 million, driven primarily by a decrease in installation and other revenue. However, monitoring and related services revenue increased by 2%. The company reported a net loss of $48 million, an improvement from the prior year's net loss of $300 million.
ADT Inc. reported Q4 2020 results with a total revenue of $1,315 million compared to $1,298 million in the prior year. The company's net loss was $112 million, compared to $72 million in the prior year. ADT maintained its record low revenue payback, while growing RMR additions by double digits and increasing net subscribers.
ADT Inc. reported third-quarter 2020 results, highlighting record customer retention and revenue payback, growth in U.S. RMR additions and net subscribers, and an accelerating launch of a co-branded offering with Google into 2021.
ADT Inc. reported a 4% increase in total revenue, reaching $1,331 million. The company's performance was driven by robust free cash flow, improved revenue payback, and better customer retention, despite challenges from COVID-19. A strategic partnership with Google was also established.
ADT reported a strong first quarter with a 10% increase in total revenue, driven by higher installation revenue and the Defenders Acquisition. However, the company experienced a net loss due to various factors including a settlement related to the Defenders Acquisition and non-cash charges. The company is updating the financial guidance for 2020.
ADT Inc. reported a 10% increase in total revenue for the fourth quarter of 2019, reaching $1,298 million. The company's net loss decreased to $72 million compared to the previous year's $149 million. The company continues to see its residential customer base move to interactive services, with a record forty-seven percent of customers using them at the end of 2019.