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 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.
ADT Inc. announced its indirect subsidiary, ADT Security Corporation, plans to offer $1.0 billion in first-priority senior secured notes due 2029. This offering is exempt from Securities Act registration requirements. Proceeds will be used to redeem $1.0 billion of its 3.500% Senior Notes due 2022 and cover related expenses. The notes will be offered to qualified institutional buyers and non-U.S. investors only. The press release clarifies that this is not an offer to buy or sell securities in any jurisdiction where it would be unlawful.
ADT has filed actions for patent infringement against Vivint, targeting several of the latter's products for violating U.S. patents No. 8,976,937 and No. 9,286,772. These patents pertain to smart home integration and related functionalities. ADT aims to secure an exclusion order against Vivint's products and seeks damages for the infringement. With a history of innovation dating back to 1874, ADT continues to maintain a strong patent portfolio in the security technology sector.
ADT Inc. (NYSE: ADT) reported a strong first quarter in 2021 with total revenue of $1.305 billion, though it declined by 5% year-over-year. The company achieved a net loss of $48 million, significantly improved from a $300 million loss in the previous year. Recurring monthly revenue additions surged by 25%, resulting in a net subscriber growth of 76,000. The attrition rate decreased to 13.1%. ADT is reaffirming its full-year guidance with expected total revenue between $5.05 billion and $5.25 billion, focusing on subscriber growth and technology investments.
ADT Inc. announced significant leadership changes to enhance its growth strategy. Jim Boyce, President and Chief Business Development Officer, will retire on May 31, 2021, after notable contributions, including the integration of Defenders into ADT. Jeff Likosar has been appointed as Chief Financial Officer and President of Corporate Development, while Ken Porpora will serve as Executive Vice President, Finance. Keith Holmes will become Chief Revenue Officer, focusing on revenue growth and market strategies. Don Young is promoted to Chief Operating Officer, overseeing service delivery.
ADT Inc. (NYSE: ADT) will announce its first quarter 2021 financial results on May 5, 2021, after market close. A conference call will be held at 5:00 PM ET to discuss these results, accessible via phone or a live webcast on ADT's investor website. An audio replay will be available from 8:00 PM ET on the same day until May 19, 2021. ADT is a leading provider of smart home and business security, focusing on innovation and a vast network of professionals to protect customer assets.
ADT has filed a lawsuit against Ring LLC, owned by Amazon, for alleged trademark infringement and unfair competition. The complaint states that Ring adopted a blue octagon mark similar to ADT's iconic trademark, which has over 6.5 million customers. This lawsuit follows a 2017 incident where Ring allegedly stole ADT's software. ADT seeks an injunction against Ring’s use of the trademark and claims monetary damages. ADT emphasizes its long-standing reputation built over nearly 150 years, asserting that Ring's actions mislead consumers into believing it offers comparable security services.
ADT Inc. announced the appointment of Sigal Zarmi as an independent director on its board. Zarmi, aged 57, currently serves as the international chief information officer at Morgan Stanley, where she drives innovation and digital transformation. Her previous experience includes a leadership role at PwC and serving on multiple advisory boards. ADT's chairman, Marc Becker, emphasized that Zarmi's expertise will be crucial as the company embarks on a growth phase focusing on smarter security solutions.