Vivint Smart Home, Inc. Reports Second Quarter 2020 Results; Raises Outlook for Full Year 2020
Vivint Smart Home, Inc. (VVNT)
Company Research
Source: Business Wire
Key HighlightsTotal revenues increased 8.9% year over year to $306.0 millionNet loss improved by $28.9 million year over year (loss of $87.0 million compared to $115.9 million in the prior year period)Adjusted EBITDAa increased by $64.4 million year over year ($152.7 million compared to $88.3 million in the prior year period)Attrition rate improved by 40 basis points sequentially to 13.7% PROVO, Utah--(BUSINESS WIRE)--Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, today reported financial and operational results for the second quarter ended June 30, 2020.“Vivint Smart Home now delivers smart home and security services to more than 1.6 million customers across North America,” said CEO, Todd Pedersen. “Our strong results demonstrate that our customers value the peace of mind and security that we provide, particularly during extremely challenging times like those we find ourselves in today. Our high-margin, recurring revenue model is built to not only be resilient
Show less
Read more
Impact Snapshot
Event Time:
VVNT
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
VVNT 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
VVNT alerts
High impacting Vivint Smart Home, Inc. news events
Weekly update
A roundup of the hottest topics