ADT Corp. (NYSE: ADT) reported Q2 EPS of $0.47, $0.03 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $890 million versus the consensus estimate of $886.9 million.

"We continued to build on the momentum we have generated over the past year, delivering another quarter of improved performance," said Naren Gursahaney, ADT's chief executive officer. "Solid execution of our initiatives, along with our focus on quality subscriber growth, drove improved operational results, highlighted by strong year-over-year growth in gross customer adds and significant improvement in retention. Our key customer metrics continue to move in the right direction. Solid lead generation, coupled with improved phone and field close rates contributed to more than a 7% increase in gross adds. The growth in gross adds, coupled with significant improvements in revenue and unit attrition, both of which reached 12.5%, moved us meaningfully closer to our goal of net customer growth. Our strong operational results fueled solid increases in revenues and pre-SAC EBITDA before special items. Pulse take rates were 56% during the quarter and continue to be an important driver of our results, driving higher revenue per user and delivering what we believe is a better customer experience. We continue to invest in new growth opportunities, as evidenced by the launch of our new mobile PERS product in our health business, the expansion of our commercial activities, and the launch of a new advertising campaign which spotlights ADT's smart and safe security and automation solutions. I am very proud of our team for delivering another solid quarter."

FULL YEAR FISCAL 2015 GUIDANCE UPDATE

The Company is updating its previously issued guidance for full year fiscal 2015 as follows:

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