secwatch.observer — SEC 8-K summary
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Issuer:     ADT Inc. (ADT)
CIK:        0001703056
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001703056-24-000088
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ADT Q2 revenue up 3% to $1.2B; Adj EPS flat at $0.17; reaffirms full-year guidance
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- Revenue $1.205B (+3% YoY); GAAP net income $126M ($0.13/sh) down from $180M on legal reserves and credit losses.
- Adjusted EBITDA $629M (-2%); adjusted net income $156M ($0.17/sh) flat YoY.
- Operating cash flow $563M (+14%); adjusted free cash flow $251M (+14%).
- Dividend $0.055/sh declared; record Sep 13, pay Oct 4. Guidance reaffirmed: rev $4.8-5.0B, adj EBITDA $2.525-2.625B, adj EPS $0.65-0.75, adj FCF $700-800M.
- Debt reduction: redeemed $100M notes due 2024; repriced $1.4B term loan B saving 25bps; refinanced $618M Term Loan A into Term Loan B due 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1703056/000170305624000088/0001703056-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1703056/000170305624000088/adt-20240801.htm
  HTML page:      https://secwatch.observer/filing/0001703056-24-000088

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