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ADT To Release First Quarter 2024 Results On Thursday, April 25, 2024
GlobeNewsWire· 2024-04-11 18:00
BOCA RATON, Fla., April 11, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) will release its first quarter 2024 financial results before the market opens on Thursday, April 25, 2024. Following the release, management will host a conference call at 10 a.m. ET to discuss the financial results and lead a question-and-answer session. Participants may listen to a live webcast through the investor relations website at investor.adt.com. A replay of the webcast will be available on the website within 24 hours of the ...
ADT: Strong Industry, Solid Earnings Estimate Revisions
Zacks Investment Research· 2024-03-08 14:36
One stock that might be an intriguing choice for investors right now is ADT Inc. (ADT) . This is because this security in the Security and Safety Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Securi ...
ADT Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
Newsfilter· 2024-03-07 04:22
BOCA RATON, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT) ("ADT" or the "Company") today announced the pricing of a secondary public offering of 65,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders") at a price to the public of $6.50 per share. The offering is expected to close on March 11, 2024, subject to satisfaction of customary conditions. The underwriters will have a 30-day option to p ...
ADT Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase
Newsfilter· 2024-03-06 21:17
BOCA RATON, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT) ("ADT" or the "Company") today announced the commencement of a proposed secondary public offering of 55,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the "Selling Stockholders"). The underwriters will have a 30-day option to purchase up to an additional 8,250,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares an ...
ADT(ADT) - 2023 Q4 - Earnings Call Transcript
2024-02-28 19:45
ADT, Inc. (NYSE:ADT) Q4 2023 Earnings Conference Call February 28, 2024 10:00 AM ET Company Participants Elizabeth Landers - IR Officer James DeVries - CEO, President & Chairman Jeffrey Likosar - Interim CFO, President of Corporate Development & Chief Transformation Officer Conference Call Participants George Tong - Goldman Sachs Group Toni Kaplan - Morgan Stanley Ashish Sabadra - RBC Capital Markets John Kennedy - Barclays Bank Operator Good morning. I'd like to welcome you all to the ADT Fourth Quarter 20 ...
ADT(ADT) - 2023 Q4 - Annual Report
2024-02-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________ to __________ Commission File Number:001-38352 ADT Inc. (Exact name of registrant as specified in its charter) Delaware 47-4116383 (State or other juris ...
ADT(ADT) - 2023 Q4 - Annual Results
2024-02-27 16:00
Exhibit 99.1 ADT Reports Fourth Quarter and Full Year 2023 Results Streamlined focus on innovation and growth in core consumer markets Fortified balance sheet with $2.1 billion of debt reduction in 2023 Continued record recurring monthly revenue and strong retention Improved capital efficiency with revenue payback of 2.1 years Driving momentum into 2024, anchored by strong growth in cash flow BOCA RATON, Fla., Feb. 28, 2024 – ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business secu ...
Contrarian Calling: 3 Undervalued Stocks Poised to Breakout by June
InvestorPlace· 2024-02-16 16:17
The looming threat of a recession is no joke. With the Federal Reserve attempting a soft landing, riskier bets like speculative stocks and high flyers tend to be the first to fall off the cliff. Careful investors can concentrate on defense and look for less risky places to park their cash positions, like undervalued stocks with Buy recommendations. This gives a lot of room for growth when the market bounces back up if a soft landing does occur—or they can be an excellent contrarian play. Based on analysts’ ...
CEO Slashes Napco Security Technologies Stake
24/7 Wall Street· 2024-02-14 13:10
CEO Slashes Napco Security Technologies Stake nuttiwut rodbangpong / iStock via Getty Images Investors can learn much by watching the behavior of corporate insiders as they handle positions in their own companies. People may sell shares for many reasons (such as buying a house, paying for college, or getting ready for retirement). They generally buy for only one reason: to make more money.The chief executive officer is often one of the largest and best-informed shareholders in any company. Let’s see wheth ...
ADT Provides Solar Business Update and Advances Capital Allocation Strategy
Newsfilter· 2024-01-24 22:00
Exits Residential Solar BusinessIncreases Quarterly Dividend by 57% and Authorizes $350 Million Share Repurchase ProgramContinues to Strengthen Balance SheetSchedules Fourth Quarter and Full Year 2023 Reporting Date BOCA RATON, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the most trusted brand in smart home and small business security, today announced it will be exiting its residential solar business. The Company will remain focused on cash flow generation and capital-efficient growth withi ...