ADT Corp. (ADT) Misses Q4 EPS, Revenues Beat; Guides FY22 Revs Above the Street

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ADT Reports Fourth Quarter And Full-Year 2021 Results

March 1, 2022 7:01 AM EST

Strong year-end revenue performance, subscriber acquisition, and customer retention accelerate momentum for 2022 growth

FOURTH QUARTER 2021 (variances on a year-over-year basis)

Total revenue of $1.4 billion, up 5%End of period recurring monthly revenue (RMR) of $359 million, up 5%Sequential and year-over-year net subscriber growth; Total subscribers of 6.6 millionCustomer retention with gross customer revenue attrition at 13.1%... More