Adt reports second quarter 2023 results

Record high recurring monthly revenue balance and maintained record high customer retention improved capital efficiency with record revenue payback of 1.9 years positive net income with strong adjusted ebitda and operating cash flows announced agreement to divest commercial business for $1.6 billion unlocking significant shareholder value; net proceeds to be used for debt reduction boca raton, fla., aug. 08, 2023 (globe newswire) -- adt inc. (nyse: adt), the most trusted brand in smart home and small business security, today reported results for the second quarter of 2023.
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