ADT Corp. (ADT) Reports In-Line Q3 EPS of 49c

ADT Corp. (NYSE: ADT) reported Q3 EPS of $0.49, in-line with the analyst estimate of $0.49. Revenue for the quarter came in at $898 million versus the consensus estimate of $895.33 million.

THIRD QUARTER 2015 BUSINESS HIGHLIGHTS

• Increased gross additions to 262 thousand, up nearly 5% from prior year
• Improved revenue attrition to 12.4%, a year-over-year improvement of 150 basis points
• Improved unit attrition to 12.3%, a year-over-year improvement of 120 basis points
• Increased new and resale revenue per user to $48.19, an increase of $1.15 or 2.4% over prior year
• Reduced direct channel net SAC creation multiple excluding upgrades to 30.7x, a 0.4x improvement over prior year
• Drove ADT Pulse take rates to 57%; Total interactive customers comprise 21% of the total customer base
• Drove over a 15% increase in gross additions in ADT Business channel over prior year
• Repurchased approximately $51 million in shares since last quarter
• Announced an incremental 3 year, $1 billion share repurchase program

For earnings history and earnings-related data on ADT Corp. (ADT) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Ennis (EBF) Reports In-Line Q1 EPS
• AXT appoints Tracy Liu to its board of directors