ADT Revenues Leap 21 Per Cent – ADT revenues are powering, leaping 19 per cent in Q4, and jumping 21 per cent year-on-year for 2022, thanks to innovation and partnerships.
“As we advance into 2023 we are forecasting solid growth in revenue, earnings and free cash flow, continuing our positive trajectory,” said Jim DeVries, ADT president and CEO.
“2022 was a very strong year for ADT – we delivered strong results with top-line growth while setting records in customer retention, recurring monthly revenue balance and revenue payback. Our results reflect the progress ADT is making as we shift from a traditional security company towards an innovative business poised for accelerating growth in new markets.
ADT Revenues Leap 21 Per Cent
“We concluded the year with positive momentum in our business, along with launching our partnership with State Farm and advancing our strategic relationship with Google,” DeVries said.
“As we advance into 2023 we are forecasting solid growth in revenue, earnings and free cash flow, continuing our positive trajectory across our businesses and demonstrating progress on our 2025 goals.”
More news fromSEN here and more about ADT’s 2022 financial performance here.
