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 (ADT) provides comprehensive security solutions and smart home automation services across residential and commercial markets. This news hub offers investors and stakeholders centralized access to official corporate updates, financial disclosures, and strategic developments.
Our curated collection features ADT's press releases covering product innovations, partnership announcements, quarterly earnings reports, and operational milestones. Users will find timely updates on security technology advancements, service expansions, and leadership changes affecting the company's market position.
The repository includes essential documentation such as SEC filings, investor presentations, and corporate responsibility initiatives. Regular updates ensure access to ADT's latest developments in intrusion detection systems, video surveillance enhancements, and smart home integration capabilities.
Bookmark this page for streamlined tracking of ADT's progress in delivering reliable security solutions while maintaining technological leadership. Check back frequently for verified updates directly impacting the company's performance in the evolving smart home sector.
ADT (NYSE: ADT), a leading provider of security and smart home solutions, will present at the Deutsche Bank 29th Annual Media, Internet, & Telecom Conference on March 9, 2021, at 8:00 a.m. ET. CEO Jim DeVries and CFO Jeff Likosar will be key speakers. The event will be accessible via a live webcast and subsequent replay on ADT's investor relations website. ADT operates over 300 locations and 9 monitoring centers, offering a variety of lifestyle-driven security solutions for residential and business clients.
ADT Inc. reported a net loss of $632 million for 2020 compared to $424 million the previous year. Despite this, total revenue increased to $5,315 million, up from $5,126 million. In Q4, total revenue was $1,315 million, reflecting a slight increase over $1,298 million a year earlier. The Adjusted EBITDA for the full year was $2,199 million. The company added significant partnerships with DISH and Ackerman Security and reported a 15% increase in recurring monthly revenue additions in Q4. Net cash provided by operating activities fell to $1,367 million from $1,873 million in 2019.
ADT and DISH Network have announced a strategic partnership to enhance access to ADT smart home security products in rural and exurban areas.
DISH, boasting over 20 million subscribers, will market, sell, and install ADT services through its extensive network, significantly broadening ADT's reach.
This collaboration aims to meet the growing demand for home security solutions, fueled by an increase in at-home spending during the pandemic. The partnership follows ADT's recent growth trajectory, including a $450 million equity investment from Google.
ADT has announced a partnership with Hippo to offer professional monitoring and installation services to new Hippo customers while providing discounts on home insurance for existing ADT customers. This collaboration aims to enhance protection for homeowners through ADT’s smart home technology and Hippo’s insurance solutions. New Hippo customers will receive free installation of an ADT smart home security system and eligibility for smart home discounts on insurance premiums. The initiative is set to roll out in select states, expanding the reach of both companies.
ADT Inc. will release its fourth quarter and full year 2020 financial results on February 25, 2021, after market close. A conference call will follow at 5:00 pm ET to discuss the results. Investors can participate by dialing 1-877-407-3982 (domestic) or 1-201-493-6780 (international), and the call will also be available via live webcast on ADT’s investor website. Audio replays will be provided until March 11, 2021.
ADT has partnered with Ackerman Security Systems, enabling Ackerman to sell and install ADT smart home security services. This collaboration expands ADT's reach in Georgia, Virginia, and Maryland. As part of the agreement, ADT will acquire approximately half of Ackerman's customer accounts for $73 million. The partnership aims to enhance customer experience with advanced security solutions, while leveraging ADT's resources for innovative product offerings. This announcement follows a significant equity investment from Google in 2020, highlighting ongoing residential demand trends.
ADT Inc. (NYSE: ADT) announced a strong demand for residential customers in Q4 2020 and affirmed its financial outlook for the year, estimating total revenue between $5.2 billion and $5.35 billion. The company is preparing its consolidated financial statements and plans to release its final results in February 2021. Following a $450 million investment from Google, ADT paid down $300 million of its first lien term loans and anticipates continued growth through investments in technology and the launch of ADT + Google services in 2021.
ADT has completed its acquisition of CellBounce, aiming to enhance its customer service by offering a 3G-to-4G radio conversion technology certified for AT&T's network. This innovative, customer-installable device is designed to minimize the need for in-person upgrades, thereby streamlining the transition for users affected by the 3G sunset. The device will not only benefit ADT's customers but will also be available to third-party security providers, promoting broader industry adoption. The launch is set for early 2021.
ADT Inc. (NYSE: ADT) has announced the termination of its tender offers to purchase up to $300 million of its secured notes due in 2028 and 2032. The decision comes after Moody's indicated that the offers could lead to a downgrade of ADT's first lien debt. Instead of proceeding with the offers, ADT plans to repay $300 million of its first lien term loans in December. All previously tendered notes will be returned to holders as the offers are formally terminated.
invisaWear and ADT announce a partnership to enhance wearable safety technology. The collaboration integrates ADT's mobile safety platform with invisaWear's stylish accessories, allowing users to connect discreetly with ADT in emergencies. invisaWear devices, which include bracelets and necklaces, alert ADT and send location data with a double-press button. The new app feature, currently available on iOS, enhances user safety. ADT emphasizes the partnership's goal of providing trusted, discreet solutions for on-the-go safety.
