---
schema_version: "secwatch.filing_event.v1"
accession: "0001703056-24-000017"
form_type: "8-K"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:06:34.155172+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# ADT Q4 adj EPS $0.25, CSB rev +5%; raises dividend 57%, guides 2024 adj EBITDA $2.53-2.63B

## Summary
- Q4 adjusted income from continuing ops $226M ($0.25 diluted EPS) vs $77M ($0.08) a year ago; GAAP income $85M.
- CSB segment revenue $1,172M (+5%), Adjusted EBITDA $627M (+8%); total revenue $1,222M as solar declined.
- Full-year adjusted EBITDA $2,365M; debt reduced by $2.1B in 2023; no revolver borrowings outstanding.
- End-of-period RMR $353M (+4%), gross revenue attrition 12.9%, revenue payback 2.1 years.
- 2024 guidance: CSB rev $4.8-5.0B, adj EBITDA $2,525-2,625M, adj EPS $0.60-0.70, adj FCF $700-800M; dividend up 57% to $0.055/qtr; $350M buyback authorized.

## SEC filing metadata
- accession: 0001703056-24-000017
- form_type: 8-K
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000017/0001703056-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000017/adt-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703056-24-000017
- JSON: https://secwatch.observer/filing/0001703056-24-000017.json
- Plain text: https://secwatch.observer/filing/0001703056-24-000017.txt

## Key facts
- Earnings Releases
  ADT Inc. reported 2024 results: revenue CSB Segment Total Revenue $4,800 - $5,000, EPS Total Company Adjusted EPS $0.60 - $0.70. Guidance initiated.
  - Period: 2024
  - Revenue: CSB Segment Total Revenue $4,800 - $5,000
  - EPS: Total Company Adjusted EPS $0.60 - $0.70
  - Guidance: initiated
  - Result: guidance update
  source text: financial guidance for 2024, with all metrics representing an improvement over 2023 performance. (in millions, except per share data) 2024 Guidance CSB Segment Total Revenue $4,800 - $5,000 Adjusted EBITDA $2,525 - $2,625 Total Company Adjusted EPS $0.60 - $0.70 Adjusted Free Cash Flow (including interest rate swaps) $700 - $800 The Company is not providing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000017/0001703056-24-000017-index.htm
- Earnings Releases
  ADT Inc. reported twelve months ended December 31, 2023 results: revenue $4,983 million, net income $65 million, EPS $(0.07) per diluted share.
  - Period: twelve months ended December 31, 2023
  - Revenue: $4,983 million
  - Net income: $65 million
  - EPS: $(0.07) per diluted share
  - Result: reported results
  source text: GAAP loss from continuing operations of $65 million, or $(0.07) per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000017/0001703056-24-000017-index.htm
- Earnings Releases
  ADT Inc. reported three months ended December 31, 2023 results: revenue $1.2 billion, net income $85 million, EPS $0.09 per diluted share.
  - Period: three months ended December 31, 2023
  - Revenue: $1.2 billion
  - Net income: $85 million
  - EPS: $0.09 per diluted share
  - Result: reported results
  source text: the sale of the commercial business. Variances are on a year-over-year (or quarter-over-prior year quarter) basis unless otherwise noted. Fourth Quarter 2023 • Total revenue of $1.2 billion with end-of-period recurring monthly revenue (RMR) up 4% to $353 million ($4.2 billion on an annualized basis) • Consumer and Small Business (CSB) revenue of $1.2 billion, up 5%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000017/0001703056-24-000017-index.htm

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