Core Insights - ADT Inc. reported a solid revenue growth of 3% year-over-year, reaching $1.2 billion in the second quarter of 2024, with a focus on consumer and small business markets [2][5] - The company achieved a significant operating cash generation, with net cash provided by operating activities increasing by 14% to $563 million [7][28] - ADT affirmed its full-year 2024 guidance metrics, maintaining expectations for total revenue, adjusted EBITDA, and adjusted free cash flow [10][13] Financial Performance - Total revenue for the second quarter was $1,205 million, up from $1,168 million in the prior year, driven by monitoring and related services [5][21] - GAAP income from continuing operations was $126 million, or $0.13 per diluted share, a decrease of 30% compared to the previous year [6][22] - Adjusted income from continuing operations increased to $156 million, or $0.17 per diluted share, reflecting a $3 million increase year-over-year [6][22] Customer Metrics - End-of-period recurring monthly revenue (RMR) rose by 2% to $355 million, translating to an annualized figure of $4.3 billion [2][5] - The company reported a gross revenue attrition rate of 12.9% and a revenue payback period of 2.2 years [2][5] Operational Highlights - ADT launched the ADT+ platform, enhancing customer experience with next-generation hardware and technology [3] - The company introduced the Trusted Neighbor offering in partnership with Google and Yale, allowing secure access to homes via the ADT+ app [3] - ADT's Alarm Scoring program was rolled out nationwide, improving the efficiency of alarm data for first responders [3] Cash Flow and Debt Management - Adjusted free cash flow increased by 14% to $251 million, benefiting from lower cash interest due to debt reduction [7][8] - The company reduced its debt by over $150 million during the quarter and has no significant debt maturities until 2026 [8][9] Shareholder Returns - ADT returned $50 million to shareholders in dividends, with approximately $257 million remaining for future repurchases under the Share Repurchase Plan [8][9] - A cash dividend of $0.055 per share was declared, payable on October 4, 2024 [11]

Core Viewpoint - ADT Inc. is set to release its second quarter 2024 financial results on August 1, 2024, before market opening, followed by a conference call to discuss the results and answer questions [1]. Group 1: Financial Results Announcement - The financial results will be released before the market opens on August 1, 2024 [1]. - A conference call will be held at 10 a.m. ET on the same day to discuss the financial results [1]. - Participants can access the live webcast through the investor relations website, with a replay available within 24 hours [1]. Group 2: Conference Call Details - Participants can join the live call by dialing specific numbers for domestic and international access, providing an access code [1]. - An audio replay of the call will be available for two weeks post-event, with specific numbers for accessing the replay [1]. Group 3: Company Overview - ADT provides safe, smart, and sustainable solutions for individuals, homes, and small businesses [2]. - The company emphasizes innovative offerings, unrivaled safety, and a premium customer experience [2]. - ADT operates the largest network of smart home security professionals in the U.S., empowering people to protect and connect to what matters most [2].

Core Viewpoint - ADT Inc. is set to release its second quarter 2024 financial results on August 1, 2024, before market opening, followed by a conference call for discussion and Q&A [1] Group 1: Financial Results Announcement - The financial results will be released before the market opens on August 1, 2024 [1] - A conference call will take place at 10 a.m. ET on the same day to discuss the results [1] - Participants can access a live webcast through the investor relations website, with a replay available within 24 hours [1] Group 2: Conference Call Details - Participants can join the live call by dialing specific numbers for domestic and international access [1] - An audio replay of the call will be available for two weeks post-event [1] - Access codes and passcodes are provided for both live and replay options [1] Group 3: Company Overview - ADT provides safe, smart, and sustainable solutions for individuals, homes, and small businesses [2] - The company emphasizes innovative offerings, safety, and premium customer experience [2] - ADT operates the largest network of smart home security professionals in the U.S. [2]

ADT (ADT) shares ended the last trading session 7.9% higher at $7.75. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 0.3% loss over the past four weeks.ADT’s rally is primarily driven by optimism regarding strength in the Consumer and Small Business segment, driven by strong customer demand for monitoring and related services. Also, the company’s strategic initiatives, innovation and operational excellence bode we ...

Core Viewpoint - ADT Inc. has appointed Dan Houston and Danielle Tiedt as independent directors to its Board, aiming to enhance business growth and maintain its mission of safety [1][2]. Group 1: Appointments and Roles - Dan Houston and Danielle Tiedt have been appointed to ADT's Board of Directors, with both joining the Nominating and Corporate Governance Committee, and Houston also joining the Compensation Committee [1]. - Houston is the chairman, president, and CEO of Principal Financial Group, which manages $709 billion in assets [1]. - Tiedt is the chief marketing officer for YouTube, overseeing a business that has grown to $40 billion during her tenure [2]. Group 2: Leadership Experience - Houston has extensive experience in driving strategy and operational excellence, which is expected to contribute to ADT's growth [1]. - Tiedt's background includes leadership roles in technology product management and marketing at Microsoft, enhancing her capability to build global brands [2]. Group 3: Company Overview - ADT provides safe, smart, and sustainable solutions for homes and small businesses, focusing on innovative offerings and premium customer experience [3].

Core Insights - ADT Inc. has appointed Dan Houston and Danielle Tiedt as independent directors to its Board of Directors, enhancing its governance and strategic capabilities [1][2] - Houston brings extensive experience from Principal Financial Group, which manages $709 billion in assets, while Tiedt has led marketing strategies at YouTube, a $40 billion business [1][2] Group 1: Board Appointments - Dan Houston and Danielle Tiedt have been appointed to ADT's Board of Directors, with both joining the Nominating and Corporate Governance Committee [1] - Houston will also serve on the Compensation Committee, indicating a focus on strategic oversight and executive compensation [1] Group 2: Leadership Background - Dan Houston has been with Principal Financial Group since 1984 and has been CEO since 2015, contributing to his strong leadership credentials [1] - Danielle Tiedt, as CMO of YouTube, has overseen the growth of the platform into a $40 billion business, showcasing her expertise in brand management and marketing technology [2] Group 3: Company Overview - ADT Inc. focuses on providing safe, smart, and sustainable solutions for homes and small businesses, emphasizing innovative offerings and a premium customer experience [3]

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true v ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zacks has developed ...

ADT (ADT) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Since a changing earn ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find compa ...