ADT Inc. - ADT STOCK NEWS

ADT has announced the expansion of its DIY smart home security brand, Blue by ADT. This new offering allows customers to create fully customizable security solutions tailored to their individual needs. The product lineup includes a smart home hub, various cameras, sensors, and a temperature sensor. Users can select from pre-built systems or create their own, along with options for self-monitoring or professional monitoring. The launch campaign features a collaboration with Eiffel 65, promoting their song ‘Blue (Da Ba Dee)’ as the brand's anthem.

ADT Inc. (NYSE: ADT) announced the completion of a $1 billion offering of 3.375% senior secured notes due 2027. The proceeds will be used to redeem $1 billion of its 6.250% Senior Notes due 2021 and cover associated fees. The redemption of the 2021 Notes is set for September 19, 2020, with payments occurring on September 21, 2020. The offering is exempt from the registration requirements of the Securities Act, targeting qualified institutional buyers. ADT continues to enhance its position in the security and automation market through strategic financial maneuvers.

ADT Inc. has priced an offering of $1,000 million of 3.375% first-priority senior secured notes due 2027, increasing by $250 million from previous disclosures. The offering is set to close on August 20, 2020, and proceeds will be used to redeem existing 6.250% Senior Notes due 2021 and cover associated fees. The notes are exempt from Securities Act registration and offered primarily to qualified institutional buyers and non-U.S. investors.
ADT provides security, automation, and smart home solutions to customers across the U.S.

ADT Inc. announced the proposed issuance of $750 million first-priority senior secured notes due in 2027 by its wholly-owned subsidiaries, Prime Security Services Borrower and Prime Finance Inc. The proceeds will be used to redeem an equal amount of 2021 Senior Notes. This offering is exempt from registration under the Securities Act and targets qualified institutional buyers. A separate notice for the redemption of the 2021 Notes will follow. ADT provides a wide range of security and automation solutions across the U.S., serving both consumer and business customers.

ADT Inc. reported a strong second quarter of 2020 with total revenue of $1,331 million, up 4% from last year. However, the company incurred a net loss of $107 million, compared to a loss of $104 million previously. Despite challenges, ADT's Adjusted Free Cash Flow improved to $405 million, up from $292 million. A key highlight includes a $450 million investment from Google, acquiring 6.6% of ADT's equity. The partnership aims to enhance smart home security offerings. The updated financial outlook projects total revenue between $5,050 million and $5,300 million.

ADT collaborates with Google to enhance smart home security solutions, integrating Nest's technology with ADT's monitoring services. Google will invest $450 million for 6.6% ownership in ADT, signaling a long-term partnership. Both companies will contribute $150 million each for marketing and product development. The partnership aims to provide innovative DIY and professional smart home security offerings, leveraging Google’s machine learning to improve customer experience. ADT plans to roll out Google devices in 2020 and expand integration in 2021.

ADT Inc. (NYSE: ADT) will announce its second quarter 2020 financial results on August 5, 2020, after market close. A conference call will follow at 5:00 pm ET to discuss these results. Investors can participate by dialing 1-877-407-3982 (domestic) or 1-201-493-6780 (international) or accessing a live webcast on the investor ADT website. An audio replay will be available from 8:00 p.m. ET on August 5 until August 19, 2020.

ADT is a premier provider of security and automation solutions across the U.S., operating over 300 locations and monitoring centers.

ADT (NYSE: ADT) has partnered with Dollar Tree to enhance security across its retail locations. This strategic collaboration, noted as ADT Commercial's largest contract to date, aims to provide advanced security solutions for Dollar Tree and Family Dollar stores nationwide. The agreement includes comprehensive service enhancements and continuous remote support, focusing on delivering tailored security solutions to meet retail needs. Both companies emphasize the importance of customer safety in evolving retail environments.

ADT (NYSE: ADT) has partnered with Instacart to integrate its mobile safety solution, Safe by ADT, into Instacart’s app for 500,000 shoppers. This feature enables users to contact emergency services quickly and discreetly, enhancing safety during deliveries. Safe by ADT offers 24/7 monitoring and sends detailed incident information, including GPS location, to emergency responders. Leah Page from ADT emphasizes the importance of safety in the workplace, while Instacart's George O’Brien highlights the priority of shopper well-being. This collaboration signals a continued commitment to leveraging technology for improved safety.