Shares of ADT Inc. (ADT) soared 5.31% in premarket trading on Thursday, following the company's better-than-expected fourth-quarter results and upbeat financial guidance for 2025.
The home security provider reported Q4 adjusted earnings of $0.20 per share, beating analysts' estimates of $0.19 per share. Revenue grew 8% year-over-year to $1.26 billion, also exceeding expectations of $1.23 billion. ADT's strong performance was driven by robust demand for its monitoring and related services, as well as higher revenue from security installations and products.
For fiscal 2025, ADT expects total revenue between $5.03 billion and $5.23 billion, adjusted EBITDA in the range of $2.65 billion to $2.75 billion, and adjusted earnings per share of $0.77 to $0.85. The company also announced a new $500 million share repurchase plan and declared a quarterly dividend of $0.055 per share.