ADT Q4 revenue $1.645B, net income $151M; 2023 guidance revenue $6.6-6.85B

ADT Inc.

GAAP net income of $151M ($0.16 diluted EPS) vs loss of $58M in Q4 2021; full year net income $173M.
Adjusted EBITDA Q4 $629M (+9% YoY); full year $2,447M (+11%).
Record low gross customer revenue attrition of 12.5% (improved 60 bps); revenue payback 2.1 years.
2023 guidance: revenue $6.6-6.85B, Adj. EBITDA $2.525-2.625B, Adj. EPS $0.30-0.40.
Dividend declared $0.035/share, payable April 4, 2023 to holders of record March 16, 2023.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ADT Inc. reported financial results for the fourth quarter and full year of 2022.

Period: the fourth quarter and full year of 2022
Result: reported results

Exact text from the filing

On February 28, 2023, the Company issued a press release announcing its financial results for the three months and year ended December 31, 2022.

View on SEC.gov

50 earnings releases filed in the last 30 days. Browse all earnings releases →

ADT Inc. filing history →

Source: SEC EDGAR

accession 0001703056-23-000045

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