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ADT Reports Fourth Quarter and Full Year 2020 Results


Net loss of $112 million, compared to $72 million
FULL YEAR
Net loss of $632 million, compared to $424 million
Adjusted EBITDA of $2,199 million, compared to $2,483 million
Net cash provided by operating activities of $1,367 million, compared to $1,873 million
Net cash used in investing activities of $1,137 million, compared to $978 million
Net cash used in financing activities of $70 million, compared to $1,214 million
Adjusted Free Cash Flow of $675 million, up from $590 million
Trailing twelve-month revenue payback at a record low 2.2 years
Trailing twelve-month gross customer revenue attrition of 13.1%, decreased 30 bps from a year ago
“ADT once again delivered strong financial and operating results during the fourth quarter. We maintained our record low revenue payback, while growing our RMR additions by double digits and increasing our net subscribers. This performance caps a year of delivering solid financial results while ensuring ....

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Ackerman Security Systems Joins ADT Authorized Dealer Program


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Ackerman Security Systems Joins ADT Authorized Dealer Program
ADT Inc.February 10, 2021 GMT
Will exclusively sell and install ADT smart home security services to new customers
Expansion positions ADT to capitalize on rollout of next generation smart home security solutions
BOCA RATON, Fla., and ATLANTA, Feb. 10, 2021 (GLOBE NEWSWIRE) ADT (NYSE: ADT) announced today that Atlanta-based Ackerman Security Systems has joined the ADT Authorized Dealer Program and will sell and install ADT smart home security services to its new customers.
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Ackerman Security joins more than 200 independently owned and operated ADT Authorized Dealers and expands ADT’s reach in Georgia, Virginia and Maryland. ....

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