Overview

* ADT Q3 revenue up 4% to $1.3 bln, meets analyst expectations

* Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

* Company returned $746 mln to shareholders via buybacks and dividends year-to-date

Outlook

* Company updates 2025 revenue guidance to $5,075 - $5,175 mln

* ADT tightens 2025 adjusted EPS guidance at $0.85 - $0.89 from $0.81 - $0.89

* Company expects 2025 adjusted free cash flow between $800 mln and $900 mln

Result Drivers

* RECURRING REVENUE - Revenue growth driven by durable recurring monthly revenue, up 1% to $362 mln

* STRATEGIC ACQUISITIONS - Bulk purchase of 15,000 customer accounts for $24 mln with attractive returns

* PRODUCT INNOVATION - Launch of ADT+ Alarm Range Extender enhances platform capabilities and customer retention

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Meet $1.298 $1.29

Revenue bln bln (2

Analysts

)

Q3 Beat $0.23 $0.21 (4

Adjusted Analysts

EPS )

Q3 EPS $0.16

Q3 $187 mln

Adjusted

Income

from

Cont Ops

Q3 Net $145 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the communications & networking peer group is "buy"

* Wall Street's median 12-month price target for ADT Inc ( ADT ) is $9.50, about 7.5% above its November 3 closing price of $8.79

* The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)