secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001703056-23-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000170305623000045/0001703056-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000170305623000045/adt-20230228.htm
  HTML page:      https://secwatch.observer/filing/0001703056-23-000045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer