secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0001703056-24-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADT Q1 2024: CSB revenue +5%, Adj EPS $0.16, reaffirms FY guidance
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- GAAP income from cont ops $92M ($0.10/dil) vs loss $127M ($0.14 loss) in prior year.
- CSB segment revenue $1.19B (+5% YoY); Adj EBITDA $638M (+8%), margin 54% (+200bps).
- Repurchased 15M shares for $93M; remaining $257M authorization.
- Solar exit: Q1 revenue $20M, Adj EBITDA loss $24M; expects $40-60M cash outflows.
- Reaffirmed 2024 guidance: CSB revenue $4.8-5.0B, Adj EPS $0.60-0.70.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000170305624000050/0001703056-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000170305624000050/adt-20240425.htm
  HTML page:      https://secwatch.observer/filing/0001703056-24-000050

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