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ADT Q1 Adjusted EPS Rises, Revenue Drops; Reiterates 2024 EPS Guidance
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ADT Q1 Adjusted EPS Rises, Revenue Drops; Reiterates 2024 EPS Guidance
Apr 25, 2024 7:51 AM

10:21 AM EDT, 04/25/2024 (MT Newswires) -- ADT (ADT) reported Q1 adjusted earnings Thursday of $0.16 per diluted share, up from $0.11 a year earlier.

Four analysts polled by Capital IQ expected $0.15.

Revenue for the quarter ended March 31 was $1.21 billion, down from $1.28 billion a year earlier. Four analysts surveyed by Capital IQ expected $1.21 billion.

The company reiterated its 2024 adjusted EPS of $0.60 to $0.70. Analysts polled by Capital IQ expect $0.65.

ADT's shares were up 1.1% in early Thursday trading.

Price: 6.45, Change: +0.07, Percent Change: +1.10

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