Tag: financials

BOCA RATON, Fla.—ADT reported results for the fourth quarter and full year 2020, highlighted by U.S. Recurring Monthly Revenue (RMR) additions up 15 percent, as well as continued growth for its net subscribers for both Q4 and full year. “ADT once again delivered strong financial and operating results during the fourth quarter. We maintained our record low revenue payback, while growing our RMR additions by double digits and increasing our net subscribers,” ADT’s President...

AUSTIN, Texas—With an eye toward developing new technology and possible M&A activity, logistics security firm FreightWatch International announced this month a $10 million capital raise led by Bridge Investments, with help from Egis Capital and the Kroll family. This is the first equity raise in the company's 12 years, said CEO Barry Conlon, and though it remains difficult to raise funds in this economy, "we see cargo theft really on the rise. We're seeing a demand and more and more requests...