Record Recurring Monthly Revenue
ADT achieved a record recurring monthly revenue balance of $359 million, marking a 2% increase driven by strong customer retention.
Total Revenue Growth
The company reported a 5% increase in total revenue compared to the previous year, maintaining a focus on profitability and future investments.
Adjusted EBITDA and Cash Flow
Adjusted EBITDA rose by 6%, with strong free cash flows of $520 million year-to-date, representing a 28% increase and nearing last year's full-year figure.
Leverage Ratio Improvement
Net debt to adjusted EBITDA improved to 2.9x, below the 3x target, enhancing financial flexibility.
Innovative Product Launches
The new ADT+ platform and Trusted Neighbor feature were launched, enhancing customer offerings and smart home integrations.
Google and AI Partnerships
Progress in partnerships with Google and other AI platforms for call center operations and chat traffic is expected to drive efficiency improvements.