Vivint Smart Home, Inc. (VVNT) Reports Q4 Revenue of $396.2M

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Go back to Vivint Smart Home, Inc. (VVNT) Reports Q4 Revenue of $396.2M

Vivint Announces Fourth Quarter and Full Year 2021 Results

February 24, 2022 4:10 PM EST

Originated record 360,509 new subscribers as revenue grew 18% and attrition reached 14-quarter low of 11.3%

PROVO, Utah--(BUSINESS WIRE)-- Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, today announced results for the fourth quarter and full year ended December 31, 2021.

Last year was extraordinary for Vivint, said David Bywater, CEO of Vivint Smart Home. Our team delivered record results in 2021, adding more than 360,000 new subscribers while outperforming our full-year guidance on total subscribers, revenue, and adjusted EBITDA. Our attrition rate decreased to a 14-quarter low of 11.3%,... More