Arlo Shares Surge 38% After Stock Market Debut
After debuting at a less than estimated $16, Arlo Technologies stock has soared 38% after its IPO with a focus on RMR generated from surveillance cameras.
After debuting at a less than estimated $16, Arlo Technologies stock has soared 38% after its IPO with a focus on RMR generated from surveillance cameras.
ADT’s stock is said to currently be a relative bargain thanks to a low attrition rate and continuing growth initiatives in commercial security.
The WSJ is reporting that ADT could register for the IPO in the fall and go public at the end of 2018.
Overall, publicly traded security companies rebounded in 2016 to post an estimated gain in excess of 7 percentage points over the prior year when returns dipped into the red.
Control4’s Q2 revenue hit $44.6 million compared to $36.7 million for the same quarter last year. Revenue for first half of 2015 is up 12% to $76.7 million.
ADT reported that its total revenue increased 5.8%to $898 million in Q3 2015. However, net income was down 8.5% to $75 million compared with $82 million in the same quarter last year.
Find out which top electronic security firms received a favorable rating from Imperial Capital’s Jeff Kessler.
NAPCO Security Technologies reported a net sales of $19.6 million for its second quarter results.
Securitas AB, reported that its fourth quarter net profit of 634.4 million Swedish kronor ($76.7 million), up from 433.9 million kronor in the same period in 2013.
A financial analysis article compares performance metrics between ADT Corp., MSA Safety Inc. and The Brink’s Co. Find out which company comes out on top.