ADT: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 07:59 AM ET
Last Updated - Apr 25, 2024, 07:59 AM EDT
BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — ADT Inc. (ADT) on Thursday reported first-quarter net income of $92 million, after reporting a loss in the same period a year earlier.
The Boca Raton, Florida-based company said it had net income of 10 cents per share. Earnings, adjusted for one-time gains and costs, came to 16 cents per share.
The home security company posted revenue of $1.21 billion in the period.
ADT expects full-year earnings in the range of 60 cents to 70 cents per share.
