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ADT Inc. - ADT STOCK NEWS

Welcome to our dedicated news page for ADT (Ticker: ADT), a resource for investors and traders seeking the latest updates and insights on ADT.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ADT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ADT's position in the market.

News
Rhea-AI Summary
ADT Inc. reported strong financial results for Q3 2023, with total revenue of $1.2 billion and end-of-period recurring monthly revenue (RMR) reaching a record high of $350 million. The company achieved high customer retention and improved revenue payback, with gross revenue attrition at 12.9%. ADT also divested its commercial business, reducing leverage by approximately $2.0 billion and refinancing $1.4 billion of debt to extend maturity and reduce borrowing costs. The solar business underperformed, leading to a goodwill impairment charge of $88 million. ADT is focused on growing cash flow and optimizing capital allocation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.49%
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Rhea-AI Summary
ADT Inc. to release Q3 2023 financial results on November 2, 2023
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Rhea-AI Sentiment
End-of-Day
0.48%
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Rhea-AI Summary
GTCR acquires ADT's commercial security business, rebrands it as Everon. Everon aims for sustained growth and innovation in the security industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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Rhea-AI Summary
ADT Inc. completes divestiture of its commercial security business unit for $1.6 billion, reducing net debt and leverage. Proceeds to be used for debt redemptions and repayments.
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Rhea-AI Sentiment
End-of-Day
-0.5%
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Rhea-AI Summary
ADT CEO Jim DeVries to participate in Goldman Sachs 2023 Communacopia + Technology Conference on Sept. 7, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
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conferences
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Rhea-AI Summary
GTCR, a leading private equity firm, has signed an agreement to acquire ADT's Commercial fire and security segment for approximately $1.6 billion. ADTC is a national provider of electronic security and fire safety services. Former P1 executives Tim Whall and Dan Bresingham will partner with GTCR for the acquisition. ADTC will become an independent company with Mr. Bresingham as CEO and Mr. Whall as an active director. The transaction is expected to close in Q4 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.44%
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partnership acquisition
News
Rhea-AI Summary
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Rhea-AI Sentiment
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2.44%
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Rhea-AI Summary
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2.44%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
0.47%
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Rhea-AI Summary
SunPower Financial has partnered with ADT Solar to offer low-cost lease and PPA options to ADT Solar customers. This agreement will make solar more accessible to Americans by providing a lease option for the first time. SunPower Financial will act as the exclusive lessor for ADT Solar customers who choose to finance with a lease or power purchase agreement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
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ADT Inc.

NYSE:ADT

ADT Rankings

ADT Stock Data

5.92B
255.25M
1.17%
95.47%
1.12%
Investigation Services
Administrative and Support and Waste Management and Remediation Services
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United States of America
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About ADT

home isn’t just a place, it’s a feeling: the feeling that you’re safe to enjoy the things that matter most. adt lets you take that feeling with you. whether you are at your house, your business, or online, adt helps keep you safe and secure—with security systems, home automation, alarms and surveillance—so you can feel at home, wherever you are. home safe home. learn more at www.adt.com or call 888-211-8563.