ADT: Fourth Quarter Financial Highlights

ADT Inc. Announces Fourth-Quarter Financial Results

ADT Inc., headquartered in Boca Raton, Florida, revealed a net profit of $145 million for the fourth quarter, according to figures released on Monday.

The company reported earnings of $0.17 per share. After accounting for one-time expenses and stock-based compensation, adjusted earnings came to $0.23 per share.

During this quarter, the home security provider generated $1.28 billion in revenue.

Since the start of the year, ADT’s stock price has declined by about 1%, while the S&P 500 index has remained relatively unchanged. Over the past year, ADT shares have fallen by 2%.