ADT Reports Q1 Revenues Rose 18% to $1.5B
ADT also had a net income of $52 million compared to a net loss of $48 million last year in the same period.
ADT also had a net income of $52 million compared to a net loss of $48 million last year in the same period.
ADT said full-year results met or exceeded full-year guidance, with total revenue and adjusted EBITDA above the high end of ranges provided.
A new joint venture called Canopy combines security monitoring and Ford’s video camera technology to help customers strengthen security of new and existing vehicles.
Many veterans already have the skills and temperament required to fill jobs ranging from technicians, sales and operations.
ADT says the revenue increase was driven primarily by a 5% increase in monitoring and related services revenue resulting from the company’s subscriber growth initiatives and an improvement in average pricing.
ADT will rebrand Sunpro to ADT Solar and enter the rooftop solar business to offer ADT customers a protected, connected and now powered home.
The Safe by ADT app will enable DoorDash’s new in-app safety toolkit, allowing food-delivery contractors to reach a monitoring agent via voice or text.
Following a lawsuit brought on by Big Blue last year, Vivint has countersued claiming ADT is in fact the one stealing customers.
ADT Commercial says the deal signifies the strength of the company and reinforces its mission to be the “One Ideal Partner” for its commercial customers across the country.
ADT will equip Direct Access homes with smart locks, sensors and 24/7 monitoring, allowing buyers to enter and tour a residence.
This session will help integrators better understand the needs and market demands of their retail customers.
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