BOCA RATON, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (ADT), the most trusted brand in smart home and small business security, today announced it will be exiting its residential solar business.

Entirety of net proceeds used for debt paydown, resulting in post-divestiture leverage multiples closer to ADT’s stated goal of sub-3.0x net debt / Adjusted EBITDA ADT strengthens focus on innovation ...

BOCA RATON, Fla. – ADT is reporting a significant improvement to its balance sheet in its third fiscal quarter, thanks to the divestiture of its former commercial division, as well as strong retention ...

ADT today announced it will be exiting its residential solar business. The company will remain focused on cash flow generation and capital-efficient growth within its core security and smart home ...

ADT Inc. (NYSE:ADT) reported fourth-quarter fiscal 2023 sales decline of 7.2% year-on-year to $1.22 billion, missing the consensus of $1.44 billion. Adjusted EPS was $0.25, beating the consensus of $0 ...

US home security company ADT has decided to exit its residential solar business. The company said in a statement that the decision to exit the residential solar business was made “after careful ...

ADT surges after announcing the exit from its solar business due to significant losses. ADT boosts dividends by 57%, authorizes a $350M buyback, and repays $500M in debt, aiming for shareholder ...

BOCA RATON, Fla. — ADT posted solid financial results for the second quarter (Q2), noteworthy in the face of current global macroeconomics but not surprising for a company celebrating its 150th year ...

Over the past six months, ADT has been a great trade. While the S&P 500 was flat, the stock price has climbed by 11.9% to $8.38 per share. This was partly due to its solid quarterly results, and the ...

Exits Residential Solar BusinessIncreases Quarterly Dividend by 57% and Authorizes $350 Million Share Repurchase ProgramContinues to Strengthen Balance SheetSchedules Fourth Quarter and Full Year 2023 ...

The transaction supports ADT’s journey to be the premier provider of smart home and residential solar solutions by leveraging our strategic differentiators: innovative offerings, unrivaled safety and ...