ADT Inc - ADT STOCK NEWS

ADT Inc. (NYSE: ADT) reported strong Q1 2025 financial results with total revenue increasing 7% to $1.3 billion. The company achieved record recurring monthly revenue (RMR) of $360 million, up 2% year-over-year, and best-in-class customer retention with gross revenue attrition of 12.6%.

Key financial metrics include GAAP income from continuing operations of $142 million ($0.16 per diluted share), operating cash flows up 28% to $467 million, and Adjusted Free Cash Flow including interest rate swaps up 105% to $226 million. The company returned $445 million to shareholders through $397 million in share repurchases and $49 million in dividends.

ADT continues rolling out its proprietary ADT+ platform integrating with Google Nest devices and launched the ADT+ Translator for legacy sensor conversion. The company reaffirmed its 2025 guidance with projected revenue of $5,025-$5,225 million and Adjusted EPS of $0.77-$0.85.

ADT Inc. (NYSE: ADT) has announced it will release its first quarter 2025 financial results before market opens on Thursday, April 24, 2025. The company will host a conference call at 10 a.m. ET on the same day, featuring management discussions and a Q&A session.

Investors can access the event through a live webcast on investor.adt.com, with a replay available within 24 hours. Alternatively, participants can join via phone using the following details:

• Domestic: 1-800-715-9871
• International: 1-646-307-1963
• Access code: 4948265

ADT (NYSE: ADT) has announced two key executive appointments to strengthen its leadership team. Fawad Ahmad has been named Executive Vice President and Chief Operating and Customer Officer, while Omar Khan becomes Executive Vice President and Chief Business Officer.

Ahmad, previously Chief Strategy & Transformation Officer at State Farm, brings over 20 years of experience in global products and digital transformations. He will oversee ADT's operations, customer experience, and digital transformation initiatives.

Khan, joining from Boston Consulting Group where he served as Senior Advisor, will lead ADT's product, innovation, business development and engineering teams. His previous experience includes leadership roles at Magic Leap, Samsung, Motorola and HealthyMD.

ADT Inc. (NYSE: ADT) has announced the pricing of a secondary public offering of 70,000,000 shares of common stock held by Apollo Global Management affiliates (Selling Stockholders). The offering is set to close on March 4, 2025, with underwriters having a 30-day option to purchase an additional 10,500,000 shares.

ADT will not receive any proceeds from the offering as it's not selling any shares. However, the company has authorized a concurrent share repurchase of 20,000,000 shares from the underwriters at the same price paid to the Selling Stockholders. This repurchase is part of ADT's existing $500 million share repurchase program.

The offering's book-running managers include Barclays, Citigroup, Morgan Stanley, Goldman Sachs & Co. , and BTIG. The shares will be available through various transaction methods on the NYSE and over-the-counter market.

ADT Inc. (NYSE: ADT) has announced a secondary public offering of 70 million shares of common stock by Apollo Global Management affiliates (Selling Stockholders). The underwriters have a 30-day option to purchase an additional 10.5 million shares.

Concurrent with the offering, ADT will repurchase 20 million shares as part of its existing $500 million share repurchase program. The company will not receive any proceeds from the offering as it's not selling any shares.

The offering's book-running managers include Barclays, Citigroup, Morgan Stanley, Goldman Sachs & Co. , and BTIG. Shares will be available through various transaction methods, including NYSE trading, over-the-counter market, and negotiated transactions at prevailing market prices.

ADT reported strong financial results for Q4 and full year 2024, with significant improvements in earnings and cash flow. The company achieved record recurring monthly revenue of $359 million and customer retention with 12.7% gross revenue attrition.

Key financial highlights include:

• Q4 total revenue increased 8% to $1.3 billion
• Full-year GAAP income from continuing operations rose to $619 million ($0.66 per share), up 40%
• Operating cash flows improved 14% to $1.9 billion
• Returned $423 million to shareholders through dividends and share repurchases

The company announced a new $500 million share repurchase plan through April 2026 and continues its quarterly dividend of $0.055 per share. ADT's business highlights include the successful rollout of its proprietary ADT+ platform, launch of Trusted Neighbor service, and implementation of ADT Remote Assistance program, which handled over 50% of service requests virtually in Q4 2024.

ADT Inc. (NYSE: ADT) has announced it will release its fourth quarter and full year 2024 financial results before market opening on Thursday, February 27, 2025. The company will host a conference call at 10 a.m. ET on the same day, featuring management discussions and a Q&A session.

Investors can access the event through a live webcast on investor.adt.com, with a replay available within 24 hours. Alternatively, participants can join via phone using the following details: domestic (1-800-715-9871) or international (1-646-307-1963) with access code 4948265. An audio replay will be accessible for one week after the call.

ADT Inc. (NYSE: ADT) has announced the appointment of Thomas Gartland as an additional independent director to its Board of Directors. Gartland will also serve on the Board's Audit Committee. Currently serving as chairman and CEO of Montway Auto Transport since 2023, Gartland brings extensive leadership experience, including previous roles as executive chairman of Scan Global Logistics and president of North America for Avis Budget Group. He also serves on the boards of Xenia Hotels & Resorts and ABM.

ADT's Chairman, President and CEO Jim DeVries highlighted Gartland's proven track record in operational excellence and strategic thinking as valuable assets for ADT's growth trajectory and future opportunities.

ADT Inc. (NYSE: ADT) announced the pricing of a secondary public offering of 56,000,000 shares of common stock by Apollo Global Management affiliates. The offering, expected to close on October 30, 2024, includes a 30-day option for underwriters to purchase an additional 8,400,000 shares. ADT will not receive proceeds from this offering but will concurrently repurchase 16,000,000 shares as part of its existing $350 million share repurchase program. Barclays, Citigroup, and BTIG are serving as book-running managers for the offering.