ADT - ADT Non-GAAP EPS of -$0.01 misses by $0.12 revenue of $1.5B misses by $50M
ADT press release (NYSE:ADT): Q1 Non-GAAP EPS of -$0.01 misses by $0.12. Revenue of $1.5B (+18% Y/Y) misses by $50M. End of period recurring monthly revenue (“RMR”) of $365 million, up 5%. Total subscribers of 6.7 million, with sequential and year-over-year growth. Record-high customer retention with gross customer revenue attrition at 12.9%. Revenue payback of 2.3 years. FY22 Guidance: Revenue of $6.2B-$6.4B Adj FCF of $550M-$625M Adj. EBITDA of $2.34B-$2.44B
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ADT Non-GAAP EPS of -$0.01 misses by $0.12, revenue of $1.5B misses by $50M