ADT Inc. is a leading provider of security and automation solutions for residential and commercial properties
The company specializes in monitoring services, offering advanced security systems that include alarms, video surveillance, and smart home technology. With a focus on enhancing safety and convenience, ADT integrates innovative technology with professional monitoring to help protect homes and businesses from potential threats. Additionally, ADT delivers customized solutions that cater to the specific needs of its clients, ensuring peace of mind through reliable security services and ongoing support.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how specialized consumer services stocks fared in Q4, starting with Mister Car Wash (NASDAQMCW).
BOCA RATON, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- ADT Inc. (NYSEADT) (“ADT” or the “Company”) today announced the pricing of the previously announced secondary public offering of 70,000,000 shares of the Company’s common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”). The offering is expected to close on March 4, 2025, subject to satisfaction of customary conditions. The underwriters will have a 30-day option to purchase up to an additional 10,500,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the offering.
BOCA RATON, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- ADT Inc. (NYSEADT) (“ADT” or the “Company”) today announced a proposed secondary public offering of 70,000,000 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 10,500,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
ADT shares are trading lower by 7% during Monday's session. ADT announced a secondary offering of 56 million shares held by Apollo Global Management affiliates.
Security technology and services company ADT (NYSEADT) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 3.1% year on year to $1.26 billion. The company’s full-year revenue guidance of $5.13 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $0.20 per share was 6.4% above analysts’ consensus estimates.
ADT reported fourth-quarter revenue of $1.3 billion, beating analyst estimates of $1.23 billion, according to Benzinga Pro. The company reported fourth-quarter adjusted earnings of 20 cents per share, beating analyst estimates of 19 cents per share.
BOCA RATON, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) -- ADT Inc. (NYSEADT) will release its fourth quarter and full year 2024 financial results before the market opens on Thursday, Feb. 27, 2025. 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.
BOCA RATON, Fla., Jan. 22, 2025 (GLOBE NEWSWIRE) -- ADT Inc. (NYSEADT), the most trusted brand in smart home and small business security, today announced the appointment of Thomas Gartland to the Company’s Board of Directors as an additional independent director. In conjunction with his appointment, Gartland will join the Board’s Audit Committee.
ADT currently trades at $7.12 per share and has shown little upside over the past six months, posting a small loss of 3.3%. The stock also fell short of the S&P 500’s 7% gain during that period.
Looking back on specialized consumer services stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Pool (NASDAQPOOL) and its peers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the specialized consumer services industry, including ADT (NYSEADT) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the specialized consumer services stocks, including LKQ (NASDAQLKQ) and its peers.
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSEADT) (“ADT” or the “Company”) today announced the pricing of the previously announced secondary public offering of 56,000,000 shares of the Company’s common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”). The offering is expected to close on October 30, 2024, subject to satisfaction of customary conditions. The underwriters will have a 30-day option to purchase up to an additional 8,400,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the offering.
BOCA RATON, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSEADT) (“ADT” or the “Company”) today announced a proposed secondary public offering of 56,000,000 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 8,400,000 shares of common stock from the Selling Stockholders. The Company is not selling any shares and will not receive any proceeds from the proposed offering.
ADT reported third-quarter adjusted earnings per share of 20 cents, beating the estimate of 17 cents. The company reported quarterly revenue of $1.244 billion, surpassing the expected $1.218 billion.
