The latest update is out from Adt ( (ADT) ).
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ADT Inc. reported a robust third quarter of 2024, with a 5% rise in revenue to $1.2 billion and a 7% increase in GAAP income from continuing operations. The company’s recurring monthly revenue hit a record high, supported by strong customer retention. With successful initiatives like the Trusted Neighbor launch and strategic acquisitions, ADT is on track to meet its 2024 financial targets while enhancing shareholder value.
See more insights into ADT stock on TipRanks’ Stock Analysis page.