Core Viewpoint - ADT Inc. reported a decline in profit and revenue for the fourth quarter, leading to a significant drop in its stock price by approximately 11 percent [1][2] Financial Performance - The company's profit decreased to $146 million, or $0.17 per share, compared to $197 million, or $0.20 per share, in the same quarter last year [1] - Revenue for the period fell by 0.2% to $1.083 billion from $1.085 billion year-over-year [2] Stock Performance - ADT's stock is currently trading at $7.13, down 11.16 percent or $0.89 from the previous close of $8.02 on the New York Stock Exchange [1] - Over the past year, the stock has traded between $6.65 and $8.94 [1] Share Repurchase Program - The company's board has authorized a new $1.5 billion share repurchase program [2]
ADT Stock Falls 11% Over Decline In Earnings And Revenue In Q4