Welcome to our dedicated page for ADT news (Ticker: ADT), a resource for investors and traders seeking the latest updates and insights on ADT stock.
ADT Inc. (NYSE: ADT) is a smart home and small business security company that regularly issues news on its operations, financial performance, and product developments. The company describes itself as providing safe, smart, and sustainable solutions for people, homes, and small businesses, supported by what it calls the largest network of smart home security professionals in the U.S. This news page aggregates ADT-related announcements, giving readers a single place to review the company’s latest disclosures.
Investors and observers following ADT news will find earnings releases detailing quarterly results, including total revenue, monitoring and related services performance, recurring monthly revenue (RMR), customer retention metrics, adjusted EBITDA, adjusted income from continuing operations, adjusted EPS, and adjusted free cash flow. These releases often include commentary from ADT’s leadership on the resilience of its business model, its ADT+ platform, and its financial outlook.
ADT’s news also covers capital markets and financing activities, such as offerings of first-priority senior secured notes, amendments to first lien credit agreements, incremental term loans, and share repurchase activity. Announcements about secondary public offerings of common stock by selling stockholders and concurrent share repurchases by the company are disclosed through press releases and related SEC filings.
In addition, ADT issues news on product and technology updates, including launches tied to the ADT+ platform, smart devices like the ADT+ Alarm Range Extender, and collaborations such as the Yale Assure Lock 2 Touch with Z-Wave for ADT+. The company also highlights corporate social responsibility initiatives under its ADT Safe Places program and organizational updates such as executive appointments. Bookmark this page to review ADT’s official news flow as it is released.
ADT Inc. (NYSE: ADT), a leading brand in smart home and small business security, announced that CEO Jim DeVries will participate in the RBC Capital Markets Technology, Internet, Media, and Telecommunications Conference on November 16, 2021. The event will feature a fireside chat starting at approximately 1:20 PM ET. Investors can access a live webcast and subsequent replay via the ADT Investor Relations website.
ADT is committed to connecting and protecting what matters most to customers through innovative products and a vast network of security professionals.
ADT Inc. announced its pending acquisition of Sunpro Solar for approximately $825 million, marking an entry into the residential solar market. In Q3 2021, total revenue increased by 1% year-over-year to $1,317 million, while monitoring revenue rose by 5%. The end of period recurring monthly revenue (RMR) reached $356 million, up 4%. The company's net loss improved to $109 million from $113 million in the previous year. ADT's adjusted EBITDA decreased slightly to $554 million. The acquisition aims to create a top-tier position in solar, enhancing ADT's energy management solutions.
ADT announced its agreement to acquire Sunpro Solar for $160 million in cash and approximately 77.8 million shares of ADT common stock, totaling an enterprise value of around $825 million. This acquisition will establish ADT Solar as a leader in the residential solar market, leveraging ADT's national presence and trusted brand. The transaction is expected to be accretive to EPS within 12 months and enhance EBITDA and free cash flow immediately. With a $15 billion annual residential solar market opportunity, ADT aims to capitalize on its customer base of over 6 million households.
ADT Inc. (NYSE: ADT) is set to release its third quarter 2021 financial results on November 9, 2021, before the market opens. Following this, a conference call will take place at 10:00 a.m. ET to discuss the results and other relevant matters. Investors can join the call by calling 1-877-407-3982 domestically or 1-201-493-6780 internationally, or through a live webcast on ADT’s investor relations website. An audio replay will be available from 1:00 p.m. ET on the same day until November 23, 2021.
ADT and the Clery Center revealed a survey indicating heightened personal safety concerns among college students returning to campus this fall. More than 82% of students expressed worries about their safety, particularly with common activities such as walking alone at night or being in unfamiliar areas. Only 17% utilize campus security escorts, and 55% fear judgment from peers when asking for help. In response, ADT launched the SoSecure by ADT app, offering discreet emergency assistance to enhance student safety.
ADT (NYSE: ADT), a leader in smart home and small business security, announced that Jim DeVries, its President and CEO, will participate in the Goldman Sachs 30th Annual Communacopia Conference on September 23, 2021. His fireside chat is scheduled to start at approximately 11:20 AM EDT. Investors can access a live webcast and a replay of the event via the ADT investor relations website.
ADT is recognized for its innovative products and extensive network of security professionals, ensuring the protection of what matters most to its customers.
ADT reported its second quarter 2021 results, revealing a net loss of $126 million compared to $107 million last year. The company achieved a 4% increase in recurring monthly revenue (RMR), totaling $352 million. The gross RMR additions grew by 28%, reflecting robust residential subscriber growth. However, total revenue declined 2% year-over-year to $1,304 million, primarily due to a decrease in installation revenue. ADT is focused on improving its capital structure and declared a cash dividend of $0.035 per share.
ADT Inc. (NYSE: ADT) will announce its second quarter 2021 financial results after market close on August 4, 2021. A conference call will be held at 5:00 p.m. ET to discuss these results and more. Investors can join by dialing 1-877-407-3982 for domestic calls, or via a live webcast at investor.adt.com. An audio replay will be available from August 4, 8:00 p.m. ET until August 18, 2021, accessible by calling 1-844-512-2921. ADT is known for its smart home security systems, serving customers both at home and in business.
ADT Inc. (NYSE: ADT) announced the completion of a $1 billion offering of 4.125% senior secured notes due 2029. The proceeds will be used to redeem all outstanding 3.500% Senior Notes due 2022, along with related fees. ADTSC will redeem the 2022 Notes on August 28, 2021, at a calculated redemption price plus accrued interest, with payments made by August 30, 2021. The notes are exempt from registration under the Securities Act, offered only to qualified institutional buyers.
ADT Inc has announced the pricing of a $1.0 billion offering of 4.125% senior secured notes due 2029, set to close on July 29, 2021. Proceeds will be used to redeem $1.0 billion in outstanding 3.500% senior notes due 2022. The offering is exempt from registration under the Securities Act and is available only to qualified institutional buyers and non-U.S. investors. Importantly, this press release does not constitute an offer or solicitation to buy securities and outlines the company's operational focus on security solutions.