Tag: Edwards Electronic Systems
ADT reports fourth quarter and full-year 2021 results
March 1, 2022SSN Staff
BOCA RATON, Fla.—ADT Inc., the most trusted brand in smart home and small business security, has reported results for the fourth quarter and full year 2021.
FOURTH QUARTER 2021 (variances on a year-over-year basis)
Total revenue of $1.4 billion, up 5 percent
End-of-period RMR (recurring monthly revenue) of $359 million, up 5 percent
Sequential and year-over-year net subscriber growth; total subscribers of 6.6 million
Customer retention with gross customer revenue...