Rodney Bosch's Latest Posts

Read: Todd Pedersen to Step Down as CEO of Vivint Smart Home

Todd Pedersen to Step Down as CEO of Vivint Smart Home

Vivint’s board of directors has commenced a search process to identify Pedersen’s successor into its next phase of growth.

Read: SBA Begins Cash Disbursements for Restaurant Revitalization Fund

SBA Begins Cash Disbursements for Restaurant Revitalization Fund

The fund provides emergency aid to restaurants, bars and other businesses experiencing financial hardships due to the coronavirus pandemic.

Read: NAPCO Reports Q3 Net Sales Increased 8% to Record $28M

NAPCO Reports Q3 Net Sales Increased 8% to Record $28M

Recurring service revenue for the quarter increased 43% to $8.9 million as compared to $6.2 million for the same period last year.

Read: What’s Real in Artificial Intelligence: Applications, Markets & Opportunities

What’s Real in Artificial Intelligence: Applications, Markets & Opportunities

Illusory marketing hyperbole no longer defines AI, machine learning, business intelligence and the like in the physical security realm. Get a brass tacks perspective where broad adoption is happing today and into the future.

Read: ADT Reports $48M Net Loss in Q1; RMR Additions Increase 25%

ADT Reports $48M Net Loss in Q1; RMR Additions Increase 25%

ADT posted adjusted EBITDA of $542 million, relatively flat to the prior year, driven mostly by improved performance in commercial business.

Read: Alarm.com Posts 14% YoY Total Revenue Increase in Q1

Alarm.com Posts 14% YoY Total Revenue Increase in Q1

The company also provided its financial outlook for SaaS and license revenue for Q2 and increased its guidance for the full year of 2021.

Read: Gov. Brian Kemp Signs Georgia False Alarm Law

Gov. Brian Kemp Signs Georgia False Alarm Law

The introduction of the law follows a three-year fight after the City of Sandy Springs passed a punitive ordinance that fined alarm companies.

Read: Vivint to Pay FTC $20M for Misusing Consumer Credit Reports

Vivint to Pay FTC $20M for Misusing Consumer Credit Reports

The settlement marks the largest to date for an FTC Fair Credit Reporting Act case and requires Vivint to implement an ID theft prevention program.

Read: Outlook for My Alarm Center Ownership Post Bankruptcy

Outlook for My Alarm Center Ownership Post Bankruptcy

A proposed prepackaged restructuring under Chapter 11 would hand My Alarm Center’s equity to first-lien lenders.

Read: My Alarm Center Files for Chapter 11 Bankruptcy to Eliminate Debt

My Alarm Center Files for Chapter 11 Bankruptcy to Eliminate Debt

A restructuring plan will provide for elimination of approximately $235 million of legacy debt obligation for My Alarm Center and affiliates.

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