ADT Corp. (ADT) Misses Q2 EPS by 18c, Revenues In-Line
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ADT Reports Second Quarter 2018 Results
August 8, 2018 4:06 PM EDTYear-over-year improvement in Total Revenue, Net Loss, Adjusted EBITDA, and cash flow generation
Improved customer retention, subscriber acquisition cost efficiency, and 2018 financial outlook
SECOND QUARTER 2018 HIGHLIGHTS COMPARED TO PRIOR YEAR(1)
Total revenue of $1.13 billion, up 6%Net loss of $67 million, improved by 28%Adjusted EBITDA of $610 million, up 5%Adjusted Net Income of $113 million, up 205%First half net cash provided by operating activities of $963 million, compared to $743 millionFirst half net cash used in investing activities of $696 million,... More