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ADT To Release Third Quarter 2024 Results On Thursday, Oct. 24, 2024
GlobeNewswire News Room· 2024-10-17 18:00
BOCA RATON, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) will release its third quarter 2024 financial results before the market opens on Thursday, Oct. 24, 2024. Following the release, management will host a conference call at 10 a.m. ET to discuss the financial results and lead a question-and-answer session. Participants may listen to a live webcast through the investor relations website at investor.adt.com. A replay of the webcast will be available on the website within 24 hours of the li ...
ADT Inc.: Leading Player In US Home Security Solutions
Seeking Alpha· 2024-09-25 15:13
I give a buy rating for ADT Inc. (NYSE: ADT ) as I am positive about the secular tailwind for household security solutions in the US. ADT is definitely in a favorable position toI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc.], Technical investing [historical charts analysis], and to som ...
Darolutamide plus androgen deprivation therapy significantly reduced the risk of radiological progression or death by 46% compared to placebo plus ADT in patients with metastatic hormone-sensitive prostate cancer
GlobeNewswire News Room· 2024-09-16 08:30
ORION CORPORATION PRESS RELEASE 16 SEPTEMBER 2024 at 11.30 EEST Darolutamide plus androgen deprivation therapy significantly reduced the risk of radiological progression or death by 46% compared to placebo plus ADT in patients with metastatic hormone-sensitive prostate cancer Results from the pivotal Phase III ARANOTE trial evaluating darolutamide plus androgen deprivation therapy (ADT) showed a statistically significant increase in radiological progression-free survival (rPFS) compared to placebo ...
Security Services Market Report 2024 & Competitive Analysis for ADT, Allied Universal, Brink's, Prosegur and Securitas
GlobeNewswire News Room· 2024-08-26 11:57
Market Overview - Global security service revenues are projected to increase 3.8% annually to $311 billion by 2028, driven by economic growth and urbanization, particularly in lower- and middle-income countries [1] - The global security services industry was valued at $259 billion, with historical revenue data from 2013, 2018, and 2023, and forecasts extending to 2028 and 2033 [2] - The commercial and industrial market is expected to account for 68% of global security service revenue growth, supported by the increasing adoption of modern security technology in nonresidential buildings [8] Growth Drivers - Technology-driven segments, such as systems integration and alarm monitoring, are expected to post the fastest growth due to the increasing use of electronic security systems and AI [3][4] - AI technology is accelerating the importance of surveillance, transforming visual data into actionable intelligence and enhancing the effectiveness of security operations [5] - Security providers are evolving into security partners, offering value-added services like consulting, system integration, and education on emerging threats [6] Market Segmentation - The security services market is segmented by service type (guard, alarm monitoring, cash-in-transit, systems integration, and other services) and by market (commercial and industrial, government and institutional, residential) [2][8] - The residential market is expected to be the fastest-growing segment globally, driven by the expansion of middle-class populations in industrializing markets [8] Regional Insights - The report provides detailed revenue breakdowns by region, including North America, Central & South America, Western Europe, Eastern Europe, Asia/Pacific, and Africa/Mideast [15] Competitive Landscape - The study evaluates company market share and competitive analysis, focusing on key industry players such as ADT, Allied Universal, Brink's, Prosegur, and Securitas AB [2] Historical Trends - The security industry has historically been perceived as recession-resistant, with increased security spending during economic instability due to heightened perceptions of crime risk [7][8] - Demand for security services is influenced by factors such as real and perceived exposure to potential loss, the level of expected losses, and the use of alternative security products [7] Public Safety and Legal Environment - The demand for private security services is influenced by the effectiveness of public safety forces, including police, courts, and military, which can either reduce or increase the need for private security [9] - The legal and regulatory environment significantly impacts the security industry, with varying licensing, training, and use-of-force regulations across different regions [10][11] Technology and Innovation - The integration of AI and building automation systems is reshaping the security industry, with a focus on enhancing threat detection and response times [3][4][5] - The increasing complexity of security systems is driving demand for specialized skills and value-added services, particularly in higher-income countries [1][6]
ADT Appoints Suzanne Yoon to the Company's Board of Directors
GlobeNewswire News Room· 2024-08-21 11:00
BOCA RATON, Fla., Aug. 21, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced the appointment of Suzanne Yoon to the Company’s Board of Directors as an additional independent director. “We are pleased to welcome Suzanne to our board of directors,” said ADT Chairman, President and CEO, Jim DeVries. “She brings a wealth of experience, financial expertise and a deep understanding of value creation. Suzanne has a strong commitment to ...
Home security giant ADT says it was hacked
TechCrunch· 2024-08-08 14:33
ADT confirmed this week that it was recently hacked, compromising some customer data. The home security company did not say when the cyberattack and data breach occurred, but disclosed that the attackers accessed the company’s databases containing customer home addresses, email addresses, and phone numbers. In a brief regulatory filing published late Wednesday, ADT said it has “no reason to believe” that customer home security systems were compromised during the incident, but ADT did not say how it reached ...
ADT: Cybersecurity Upgrades To Benefit Revenues, Stock Undervalued
Seeking Alpha· 2024-08-08 07:19
Thomas BarwickADT Inc. (NYSE:ADT) recently noted an increase in cost due to a greater mix of interactive and smart home solutions as well as cybersecurity upgrades, which could enhance future net sales growth. Besides, I think that the fast-growing do-it-yourself market could enhance future net sales growth in the coming years as it happened in the last quarter. Given previous positive free cash flow and business growth, ADT's discounted cash flow model implies a valuation that is higher than the curren ...
ADT(ADT) - 2024 Q2 - Quarterly Report
2024-08-01 21:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from __________ to __________ Commission File Number: 001-38352 ADT Inc. (Exact name of registrant as specified in its charter) Delaware 47-4116383 (State or other ...
ADT(ADT) - 2024 Q2 - Earnings Call Transcript
2024-08-01 20:19
ADT Inc. (NYSE:ADT) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Elizabeth Landers - Senior Director, Investor Relations Jim DeVries - Chief Executive Officer, President & Chairman Jeff Likosar - Chief Financial Officer Wayne Thorsen - Chief Business Officer Conference Call Participants George Tong - Goldman Sachs Ashish Sabadra - RBC Capital Markets Toni Kaplan - Morgan Stanley Ronan Kennedy - Barclays Peter Christiansen - Citi Operator Thank you for standing by. I'd now ...
ADT(ADT) - 2024 Q2 - Earnings Call Presentation
2024-08-01 18:40
Second Quarter 2024 Earnings Presentation August 1, 2024 Forward Looking Statements and Non-GAAP Measures ADT has made statements in this presentation that are forward-looking and therefore subject to risks and uncertainties, including those described below. All statements, other than statements of historical fact, included in this document are, or could be, "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the applicable rules and regulations of the ...