ADT: Q4 Earnings Snapshot
By AP News
Published - Feb 28, 2023, 07:48 AM ET
Last Updated - Jun 22, 2023, 07:05 PM EDT
BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — ADT Inc. (ADT) on Tuesday reported fourth-quarter net income of $151 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Boca Raton, Florida-based company said it had profit of 16 cents. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The home security company posted revenue of $1.65 billion in the period.
For the year, the company reported net income of $173 million, or 19 cents per share, swinging to a profit in the period. Revenue was reported as $6.4 billion.
