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Sep 30, 2024
ADT Q3 2024 Earnings Report
ADT's third quarter performance showcased strong financial results, cash generation, and leverage reduction.
Key Takeaways
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.
Total revenue increased by 5% to $1.2 billion.
End-of-period recurring monthly revenue (RMR) increased 2% to $359 million.
GAAP income from continuing operations increased 7% to $132 million, or $0.14 per diluted share.
Adjusted EBITDA from continuing operations increased 6% to $659 million.
Revenue by Segment
Forward Guidance
The Company is tightening its 2024 financial guidance within prior guidance ranges.
Positive Outlook
- Total Revenue: $4,850 - $4,950 million
- Adjusted EBITDA: $2,550 - $2,600 million
- Adjusted EPS: $0.70 - $0.75
- Adjusted Free Cash Flow (including interest rate swaps): $725 - $775 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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