Market Overview

UPDATE: ADT Posts 1.1% Rise In FQ4 Profit, Declares Dividend

Share:
Related ADT
US Stock Futures Flat Ahead Of Economic Data
Earnings Scheduled For November 27, 2012

ADT (NYSE: ADT) reported a 1.1% rise in its fiscal fourth-quarter profit.

ADT's quarterly profit increased to $94 million, or $0.40 per share, from $93 million, or $0.39 per share, in the year-ago period. Excluding one-time items, ADT earned $0.43 per share.

Its revenue climbed 2.3% to $812 million. However, analysts were expecting earnings of $0.43 per share on revenue of $818 million.

Its gross margin rose to 58.6% from 55.9%. The company also declared a quarterly dividend of 12.5 cents per share.

ADT shares gained 4.29% to $44.95 in pre-market trading.

Posted-In: profitEarnings News Dividends

 

Related Articles (ADT)

Around the Web, We're Loving...