Vivint Smart Home, Inc. (VVNT) Reports Q4 Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Above Consensus
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Vivint Smart Home Achieves Record 343K New Subscribers, Powering 9% Full Year Revenue Growth and Improving Cash Provided by Operating Activities by $448M
February 24, 2021 4:10 PM ESTFourth Quarter 2020 Highlights
Total revenues increased by $24.7 million year over year to $332.5 million Net loss of $151.2 million vs. a net loss of $88.5 million in the prior year period Adjusted EBITDAa increased by $21.6 million year over year to $146.7 million Net cash provided by operating activities of $6.6 million, up $105.5 million from prior year periodFull Year 2020 Highlights
Total revenues increased by $104.7 million year over year to $1,260.7 million Net loss of $484.2 million vs. a net loss of $395.9 million in the prior year Adjusted EBITDAa increased by... More