ADT Corp. (ADT) Tops Q1 EPS by 4c; Reaffirms

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ADT Reports First Quarter 2023 Results

May 2, 2023 6:56 AM EDT

Strong year-over-year growth in revenue; CSB and Commercial up 7% and 15%, respectively, versus prior year period

Maintained record high customer retention and new record high recurring monthly revenue balance

Improved capital efficiency with record revenue payback

Continued deleveraging with over $400 million debt reduction expected in 2023

BOCA RATON, Fla., May 02, 2023 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the... More