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Tag: recurring monthly revenue (RMR)

ADT presents Q3 fiscal results


ADT presents Q3 fiscal results

November 4, 2022Ken Showers, Managing Editor

BOCA RATON, Fla.—Security giant ADT released its fiscal third quarter financial results this week, highlighting monthly revenue and partnerships. President and CEO Jim DeVries described ADT’s performance in the third fiscal quarter as strong with top line growth at 22 percent to $1.6 billion. It generated an adjusted net income of $83 million ($0.10 per share). DeVries also said the quarter resulted in an improved adjusted EBITDA that was up 12 percent year over year. In...

ADT, EBITDA, Google Nest, Jim DeVries, Paul Smith, recurring monthly revenue (RMR), State Farm, Third Fiscal Quarter

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