Monitronics Reports 3rd Quarter Earnings Results
Adjusted EBITDA totaled $62.5 million and $204.5 million in the three and nine months, respectively, compared to $71.3 million and $213.5 million in the prior year periods.
Adjusted EBITDA totaled $62.5 million and $204.5 million in the three and nine months, respectively, compared to $71.3 million and $213.5 million in the prior year periods.
Prior to race day, Brinks employees assembled 600 refill packs for local elementary students and constructed home walls for Habitat for Humanity.
Proceeds will benefit children attending Farmers Branch Elementary, Habitat for Humanity Dallas, and children living in poverty across the U.S.
Newly merged with Ascent Capital Group, the company’s biggest shareholders are now EQT Partners and Brigade Capital Management.
The wholesale monitoring and smart home services provider says it will reorganize with significantly less debt and access to new sources of capital.
The two friendly competitors have joined forces in Texas after collaborating as Brinks Home Security Authorized Dealers.
Moloney brings more than two decades of experience to his new role, including serving as CMO for Experian, Wells Fargo Advisors, TaxSlayer and Scottrade.
As Monitronics aims to eliminate suffocating debt, plentiful access to capital has led alarm companies to be less reliant on dealer-program financing.
The restructuring agreement calls for Monitronics to be merged with its holding company Ascent Capital Group upon stockholder approval.
Monitronics reported a quarterly net loss $31.8 million, compared to a net loss of $26.2 million in the three months ended March 31, 2018.
This next installment of the SSI Industry Hall of Fame Webcast Series features Jim Henry, executive vice president of corporate development for Securitas Electronic Security.
The new IEEE 802.3bt standard increases the maximum PoE power available mainly by utilizing all four pairs of the structured wiring.
