BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — ADT Inc. (ADT) on Thursday reported third-quarter net income of $127 million, after reporting a loss in the same period a year earlier.
The Boca Raton, Florida-based company said it had profit of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 20 cents per share.
The home security company posted revenue of $1.24 billion in the period.
ADT shares have climbed 1.5% since the beginning of the year, while the S&P’s 500 index has climbed 22%. The stock has risen 14% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADT at https://www.zacks.com/ap/ADT
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
