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Tag: ADT Canopy


ADT releases Q1 results—and stock price drops

January 30, 2014Tess Nacelewicz

BOCA RATON, Fla.—The ADT Corp. reported Jan. 30 that ADT Pulse take rates and recurring revenue were up in its latest quarter. But customer growth was below expectations in Q1 and net income decreased 27 percent in that period—and ADT's share price tumbled.Still, company CEO Naren Gursahaney said ADT is taking steps to ensure future growth—such as making improvements to its dealer program and lead generation process; the introduction of a new mobile security app, ADT Canopy; and...

ADT Canopy, ADT Pulse, Imperial Capital, Jeff Kessler, Naren Gursahaney, The ADT Corp.

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