ADT Stock Recent News

ADT (ADT) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.08 per share a year ago.

Continued strong financial results, cash generation, and leverage reduction Revenue up 5% versus prior year period GAAP income from continuing operations up 7%; Adjusted EBITDA up 6% Record-high recurring monthly revenue; solid customer retention On track to achieve full year 2024 guidance metrics BOCA RATON, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today reported results for the third quarter of 2024.

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.

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) said the production ramp-up at its Vares mine has not been affected by the recent storms and subsequent flooding in the central and southern regions of Bosnia and Herzegovina.  The storms, which occurred on 3 October, resulted in short-term water management issues at Rupice mine and the Vares processing plant but these were effectively managed, with production continuing as planned according to a statement.

Home security firm ADT Inc said on Monday an unauthorized actor had illegally accessed its network using credentials obtained through a third-party business partner.

A site trip to Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) Vares mine has reassured about the potential of potential of this tier 1 asset, said broker RBC, though it has reduced its price target to 300p from 310p. FTSE 250 member Adriatic has had a difficult year marked with delays, legal issues and management changes, notes RBC, but the trip to Vares highlighted the progress made to date by the miner.

I give a buy rating for ADT Inc. due to its leading position and strong partnerships in the growing U.S. home security market. ADT benefits from a large total addressable market, with significant growth potential as many households still lack security solutions. Key partnerships with Google and State Farm enhance distribution capabilities, driving higher ARPU and customer retention.

ADT confirmed this week that it was recently hacked, compromising some customer data.

ADT provides security, interactive, and smart home solutions to consumers and small business customers in the United States. Positive free cash flow, and business growth suggest ADT stock is undervalued, with discounted cash flow model implying higher valuation. I assumed that the company will most likely benefit from the fast-growing do-it-yourself market, which we saw in the last quarter.

Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has announced that its chief executive, Paul Cronin, has tendered his resignation and will step down at the end of the week. Cronin is to relocate to Australia and the company noted that the decision was made for family reasons.