ADT Provides Solar Business Update and Advances Capital Allocation Strategy [Yahoo! Finance]
ADT Inc. (ADT)
Last adt inc. earnings: 3/5 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.adt.com/home/default.aspx
Company Research
Source: Yahoo! Finance
BOCA RATON, Fla., Jan. 24, 2024 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT), the most trusted brand in smart home and small business security, today announced it will be exiting its residential solar business. The Company will remain focused on cash flow generation and capital-efficient growth within its core security and smart home business. As part of this continued focus, ADT is also advancing its capital allocation strategy, including a cash dividend increase and authorization of a new share repurchase program. “The decision to exit solar operations was made after careful deliberation, and we expect this strategic action to drive substantial operational and financial benefits to ADT,” said ADT Chairman, President and CEO, Jim DeVries. “We want to acknowledge and thank our employees, partners, and customers as we work through this transition.” Solar Business Update Over the first nine months of 2023, ADT's core business exhibited strong performance, while the solar business fac
Show less
Read more
Impact Snapshot
Event Time:
ADT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ADT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ADT alerts
High impacting ADT Inc. news events
Weekly update
A roundup of the hottest topics
ADT
News
- ADT Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- ADT Reports First Quarter 2024 ResultsGlobeNewswire
- ADT Names Jeff Likosar as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- ADT Names Jeff Likosar as Chief Financial OfficerGlobeNewswire
- Global CCTV Market Size To Exceed USD 65.11 Billion By 2033 | CAGR Of 13.5% [Yahoo! Finance]Yahoo! Finance
ADT
Earnings
- 4/25/24 - Beat
ADT
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/24/24 - Form 8-K
- ADT's page on the SEC website