ADT Q3 Results: Sales Up, Profits Down
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.
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.
The interactive services specialist applied to list its common stock on NASDAQ under the ticker symbol ALRM.
ADT currently has an average rating of “Hold” and an average price target of $37.80.
NAPCO Security Technologies reported a net sales of $19.6 million for its second quarter results.
UTC’s increased dividend will be payable from first-quarter 2015 on March 10 to shareholders of record as of Feb 13.
Publically traded security firms experienced a mostly tumultuous 2012 before staging a strong stock recovery, closing the year well positioned relative to major U.S. indexes. Industry participants remain hopeful the market can hold onto its Q4 gains.
This session will help integrators better understand the needs and market demands of their retail customers.
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.
