Tag: Ford
ADT reports fourth quarter and full-year 2021 results
March 1, 2022SSN Staff
BOCA RATON, Fla.—ADT Inc., the most trusted brand in smart home and small business security, has reported results for the fourth quarter and full year 2021.
FOURTH QUARTER 2021 (variances on a year-over-year basis)
Total revenue of $1.4 billion, up 5 percent
End-of-period RMR (recurring monthly revenue) of $359 million, up 5 percent
Sequential and year-over-year net subscriber growth; total subscribers of 6.6 million
Customer retention with gross customer revenue...
ADT and Ford form joint venture, Canopy, to fortify vehicle security
January 18, 2022Cory Harris, Editor
DETROIT, LONDON and BOCA RATON, Fla.—ADT Inc. and Ford Motor Company today announced an investment in a new joint venture called Canopy that combines ADT’s professional security monitoring and Ford’s AI-driven video camera technology to help customers strengthen security of new and existing vehicles across brands.
Canopy will bring ADT’s industry-leading professional monitoring to vehicles for the first time. “We believe everyone deserves to feel safe at home AND...