Vivint Smart Home, Inc. (VVNT) Reports Q3 Revenues Beat; Offers FY20 Revenue Guidance

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Go back to Vivint Smart Home, Inc. (VVNT) Reports Q3 Revenues Beat; Offers FY20 Revenue Guidance

Vivint Smart Home, Inc. Reports Third Quarter 2020 Results

November 4, 2020 4:10 PM EST

Key Highlights

Total revenues increased by $28.2 million year over year to $319.0 million Net loss increased by $5.5 million year over year Adjusted EBITDAa increased by $53.8 million year over year to $154.5 million Attrition rate improved by 90 basis points sequentially to 12.8%, a seven-quarter low

PROVO, Utah--(BUSINESS WIRE)-- Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, today reported financial and operational results for the third quarter and nine months ended September 30, 2020.

We are pleased to report another quarter of very strong... More