Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ADT Inc. reported Full year 2023 results: revenue $6,600 - $6,850, EPS $0.30 - $0.40. Guidance reaffirmed.
- Period
- Full year 2023
- Revenue
- $6,600 - $6,850
- EPS
- $0.30 - $0.40
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
2023 FINANCIAL OUTLOOK The Company is reiterating its financial guidance for 2023: (in millions) Total Revenue $6,600 - $6,850 Adjusted EBITDA $2,525 - $2,625 Adjusted EPS $0.30 - $0.40 Adjusted Free Cash Flow (including interest rate swaps) $600 - $700 Adjusted Free Cash Flow $525 - $625
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ADT Inc. reported Three months ended March 31, 2023 results: revenue $1.6 billion, net income $90 million loss, EPS $(0.10) per diluted share.
- Period
- Three months ended March 31, 2023
- Revenue
- $1.6 billion
- Net income
- $90 million loss
- EPS
- $(0.10) per diluted share
- Result
- reported results
Exact text from the filing
Financial highlights for the first quarter of 2023 are listed below. Variances are on a year-over-year basis unless otherwise noted. • Total revenue of $1.6 billion, up 4%, and end-of-period recurring monthly revenue (RMR) of $378 million, up 4% • High customer retention with gross customer revenue attrition maintaining record low of 12.5% • Record revenue payback of 2.0 years • GAAP net loss of $90 million, or a loss of $(0.10) per diluted share, down $141 million, which includes $193 million negative impact from Solar segment goodwill impairment • Adjusted net income of $102 million, or $0.12 per diluted share, up $109 million • Adjusted EBITDA of $625 million, up $24 million or 4%
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