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Vivint Smart Home (NYSE:VVNT) has been named the Best Home Security System for 2021 by U.S. News & World Report for the third consecutive year, reaffirming its position in the market. In addition, it also received the title of Best Professionally Installed Security System. U.S. News highlights Vivint's comprehensive service, including free consultations and professional installation, contrasting it with DIY systems. Vivint aims to provide an integrated smart home experience, backed by a commitment to affordability and ease of use.
Vivint Smart Home (NYSE: VVNT) announced its participation in upcoming investor conferences, including the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 1 and 3, 2021, featuring a presentation at 1:15 p.m. and 1x1 meetings. Additionally, it will attend the Morgan Stanley Technology, Media & Telecom Conference on March 2, 2021, with a fireside chat at 3:30 p.m. Lastly, the company will be part of the Deutsche Bank Media, Internet & Telecom Conference on March 10, 2021, hosting discussions at 1:00 p.m. Live webcasts will be available on Vivint’s Investor Relations website.
Vivint Smart Home has filed a patent infringement lawsuit against ADT in the U.S. District Court for Utah, alleging infringement of six U.S. patents related to smart home technology. Vivint claims to protect its intellectual property, emphasizing its investment in product development and innovation. The company holds over 300 issued patents and seeks damages from ADT for the infringement. Vivint continues to deliver integrated smart home systems to over 1.7 million customers in North America.
Vivint Smart Home, Inc. (NYSE: VVNT) reported strong fourth quarter and full year financial results for 2020, despite challenges from the pandemic. The company saw an 8% increase in recurring and other revenue for Q4, driven by a 9% rise in Total Subscribers, totaling 1.70 million. New Subscribers for Q4 reached 58,554, a significant 28% growth year-over-year. However, net loss for Q4 increased to $151.2 million. The company expects 2021 total subscribers of 1.80 to 1.85 million and full-year revenue between $1.38 and $1.42 billion.
Vivint Smart Home, Inc. (NYSE: VVNT) announced a conference call on February 24, 2021, at 5:00 p.m. ET to discuss its fourth quarter and full year 2020 results. The financial results will be released and presentation slides posted on its Investor Relations website after market close. Investors can register for the call in advance to receive dial-in details. A replay will be available for 30 days post-call. Vivint provides integrated security and smart home services to approximately 1.7 million customers across North America.
Vivint Smart Home (NYSE: VVNT) will participate in a fireside chat at J.P. Morgan’s Tech/Auto Forum during the 2021 International CES conference.
Date: Tuesday, January 12, 2021
Time: 12:55 p.m. Eastern Time
Live webcasts will be available along with archived presentations on Vivint’s investor relations website.
Vivint serves approximately 1.7 million customers across the U.S. and Canada, providing integrated smart home systems and 24/7 support.
Vivint Smart Home (NYSE: VVNT) has announced the redemption of its outstanding Public Warrants at a redemption price of $0.01 per warrant. The redemption affects warrants that were issued under a 2017 Warrant Agreement and remain unexercised as of 5:00 p.m. New York City time on January 7, 2020. This action follows the Common Stock's sales price exceeding $18.00 per share for 20 trading days within a specified 30-day period. Unexercised warrants post-redemption date will be void.
Vivint Smart Home (NYSE: VVNT) has announced its participation in two upcoming investor conferences. The first is the Bank of America 2020 Leveraged Finance Conference on November 30, 2020, at 12:45 p.m. ET. The second is the Imperial Capital 17th Annual Virtual Security Investor Conference on December 2, 2020, at 1:00 p.m. ET. Presentations will be available via live webcast and archived on Vivint’s investor relations website. Vivint, serving approximately 1.7 million customers in North America, focuses on integrated smart home systems.
