NYSE$ADT

ADT Inc. · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported record high customer retention and highest-ever recurring monthly revenue balance, with 18% revenue growth versus prior year and continued subscriber growth.

ADT reported strong improvements in revenue and earnings, growth in subscribers, and record high customer retention. The company is affirming its financial guidance for 2022.

  • Total revenue of $1.5 billion, up 18%.
  • 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.
  • GAAP net income of $52 million, up $100 million, or $0.06 per share

Headline financials

Total Revenue

$1.54B

Previous: $1.3B+18.4%
EPS (adj)

-$0.01

Previous: -$0.07+85.7%
Capital Expenditures

-$38.3M

Previous: -$41.5M+7.7%
Free Cash Flow

$13.3M

Previous: -$89.4M+114.9%
Net Income

$51.6M

Previous: -$47.9M+207.8%
Operating Income

$76M

Previous: -$16.4M+563.9%
Cash & Equivalents

$17.4M

Previous: $123M-85.8%
Total Assets

$17B

Previous: $16B+6.3%

Revenue & EPS history

ADT · Revenue · Quarterly

$1.54B

Q1 2022+18.4%vs Q1 2021
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The Company is affirming its financial guidance for 2022.

Tailwinds

  • Total Revenue $6,200 - $6,400 million
  • Adjusted EBITDA $2,335 - $2,435 million
  • Adjusted Free Cash Flow $550 - $625 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

-2.2%

Avg return

Earnings day

-3.8%

Avg return

5 days after

-1.7%

Avg return

30 days after

46%

17 / 37 earnings

Positive

+13.9%

Q3 2024

Best reaction

-25.8%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+5.0%-2.2%-6.6%
Q4 2025+2.0%-18.3%-18.3%
Q3 2025-7.9%-5.9%-7.7%
Q1 2025-2.0%+0.9%+3.9%
Q4 2024+7.8%+0.8%+7.6%
Q3 2024+13.9%+6.2%+9.0%
Q2 2024-10.9%-9.1%-6.3%
Q1 2024+0.8%+1.9%+13.2%
Q4 2023+11.2%+12.3%+2.9%
Q3 2023+9.9%+9.1%+10.8%
Q2 2023+5.2%+6.3%-5.5%
Q1 2023-20.7%-13.5%-15.2%
Q4 2022-3.3%-2.4%-8.9%
Q3 2022+2.9%+5.6%+18.2%
Q2 2022+9.7%+7.4%-1.4%
Q1 2022-3.4%-7.0%+2.9%
Q4 2021+7.8%+3.8%+3.8%
Q3 2021-0.6%+1.1%-5.1%
Q2 2021-13.5%-14.0%-17.9%
Q1 2021+3.1%+2.7%+19.6%
Q4 2020-25.8%-30.0%-19.9%
Q3 2020+4.3%+5.9%+22.3%
Q2 2020-5.9%-6.6%-19.4%
Q1 2020+2.2%+4.9%+51.4%
Q4 2019-12.6%-22.6%-38.4%
Q3 2019+8.0%+8.5%+9.1%
Q2 2019-7.1%-11.9%-5.3%
Q1 2019-11.6%-8.9%-13.2%
Q4 2016-11.0%-12.3%-9.6%
Q4 2018-11.0%-12.3%-9.6%
Q3 2017+5.8%+5.8%+0.4%
Q3 2018+10.7%+1.8%+1.8%
Q2 2017-6.1%-6.1%-7.2%
Q2 2018-7.4%+0.0%-3.8%
Q1 2018-7.6%-14.8%-4.1%
Q1 2017-7.6%-14.8%-4.1%
Q4 2017-14.5%-12.2%-11.9%
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro