Vivint Smart Home, Inc. (VVNT) Reports Q1 Revenues Miss; Lowers FY20 Revenue Outlook, Reaffirms Adj. EBITDA Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/30/2026

1. NOW
2. MSFT
3. GOOGL
4. FTNT
5. EBAY
6. CMG
7. TENB
8. BIIB
9. KLAC
10. ETSY

Go back to Vivint Smart Home, Inc. (VVNT) Reports Q1 Revenues Miss; Lowers FY20 Revenue Outlook, Reaffirms Adj. EBITDA Guidance

 Vivint Smart Home, Inc. Reports First Quarter 2020 Results; Provides Updated Outlook for Full Year 2020

May 7, 2020 4:10 PM EDT

 

 Key Highlights

Total revenues increased 9.8% year over year to $303.2 million Adjusted EBITDAa of $134.9 million compared to $107.3 million in the prior year period Net loss of $138.1 million (including $20.9 million of restructuring costs) compared to net loss of $89.2 million in the prior year period 1,548,201 Total Subscribers at March 31, 2020, a 7.1% increase year over year Reaffirming 2020 Adjusted EBITDA guidance of between $525 and $535 million

PROVO, Utah--(BUSINESS WIRE)-- Vivint Smart Home, Inc. (NYSE: VVNT), together with its indirect subsidiary, APX Group Holdings, Inc., today... More