I downgrade ADT to Hold as rising churn, dealer softness, and weak State Farm partnership undermine my previous bullish thesis. Despite strong headline growth and raised FY25 EPS guidance, underlying organic momentum is weakening and execution risks are rising. Bulk account acquisitions are masking core dealer channel weakness, making growth less sustainable and more volatile going forward.
ADT Inc. (NYSE: ADT) today announced the pricing of the previously announced secondary public offering of 71,000,000 shares of the Company's common stock.
BOCA RATON, Fla., July 24, 2025 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) (“ADT” or the “Company”) today announced a proposed secondary public offering of 71,000,000 shares of the Company's common stock held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”).
ADT Inc. (NYSE:ADT ) Q2 2025 Earnings Conference Call July 24, 2025 10:00 AM ET Company Participants Elizabeth Landers - Corporate Participant James David DeVries - CEO, President & Chairman Jeffrey A. Likosar - CFO and President of Corporate Development & Transformation Conference Call Participants Keen Fai Tong - Goldman Sachs Group, Inc., Research Division Peter Corwin Christiansen - Citigro...
Continued strong financial results, cash generation, and leverage reduction Revenue up 7% versus prior year period, with record-high recurring monthly revenue Year-to-date GAAP Operating Cash Flow up 11%; Adjusted Free Cash Flow (includin g swaps) up 38% Returned $589 million to shareholders year to date through share repurchases and dividends On track to achieve full year 2025 guidance metrics...
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