In an industry-shaking move, ADT announced Tuesday it would shed its commercial security, fire and life safety unit to a private equity firm for $1.6 billion, as the company plans to focus on ...

Entirety of net proceeds used for debt paydown, resulting in post-divestiture leverage multiples closer to ADT’s stated goal of sub-3.0x net debt / Adjusted EBITDA ADT strengthens focus on innovation ...

BOCA RATON, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (ADT), the most trusted brand in smart home and small business security, today announced it will be exiting its residential solar business.

ADT today announced it will be exiting its residential solar business. The company will remain focused on cash flow generation and capital-efficient growth within its core security and smart home ...

ADT surges after announcing the exit from its solar business due to significant losses. ADT boosts dividends by 57%, authorizes a $350M buyback, and repays $500M in debt, aiming for shareholder ...

ADT Inc. (NYSE:ADT) reported fourth-quarter fiscal 2023 sales decline of 7.2% year-on-year to $1.22 billion, missing the consensus of $1.44 billion. Adjusted EPS was $0.25, beating the consensus of $0 ...

BOCA RATON, Fla. — ADT posted solid financial results for the second quarter (Q2), noteworthy in the face of current global macroeconomics but not surprising for a company celebrating its 150th year ...

US home security company ADT has decided to exit its residential solar business. The company said in a statement that the decision to exit the residential solar business was made “after careful ...

Exits Residential Solar BusinessIncreases Quarterly Dividend by 57% and Authorizes $350 Million Share Repurchase ProgramContinues to Strengthen Balance SheetSchedules Fourth Quarter and Full Year 2023 ...

The transaction supports ADT’s journey to be the premier provider of smart home and residential solar solutions by leveraging our strategic differentiators: innovative offerings, unrivaled safety and ...