---
schema_version: "secwatch.filing_event.v1"
accession: "0001703056-23-000155"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:18:37.674236+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ADT Q2 net income $92M, announces $1.6B commercial divestiture, cuts revenue guidance

## Summary
- Total revenue $1.6B; GAAP net income $92M ($0.10 diluted EPS); adjusted EPS $0.16, up from $0.06 YoY.
- Record RMR of $382M (+4% YoY); gross revenue attrition 12.5%, a record low; revenue payback improved to 1.9 years.
- Agreed to divest Commercial business for $1.6B; net proceeds for debt reduction; expected close Q4 2023.
- Dividend of $0.035/share declared, payable Oct 4, 2023 to record Sep 15, 2023.
- Updated FY 2023 revenue guidance to $6.3-6.5B from $6.6-6.85B; maintains Adj EBITDA, EPS, FCF guidance.

## SEC filing metadata
- accession: 0001703056-23-000155
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000170305623000155/0001703056-23-000155-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000170305623000155/adt-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703056-23-000155
- JSON: https://secwatch.observer/filing/0001703056-23-000155.json
- Plain text: https://secwatch.observer/filing/0001703056-23-000155.txt

## Key facts
- Earnings Releases
  ADT Inc. reported the second quarter of 2023 results: revenue $1.6 billion, net income $92 million, EPS $0.10 per diluted share. Guidance reaffirmed.
  - Period: the second quarter of 2023
  - Revenue: $1.6 billion
  - Net income: $92 million
  - EPS: $0.10 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenue of $1.6 billion with end-of-period recurring monthly revenue (RMR) up 4% or $382 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305623000155/0001703056-23-000155-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.