Market Overview

UPDATE: ADT Posts Upbeat Q1 Profit

ADT (NYSE: ADT) reported a rise in its first-quarter profit on Wednesday.

ADT's quarterly net earnings surged 12.9% to $105 million, or $0.44 per share, versus $93 million, or $0.39 per share, in the year-ago period. However, analysts expected a profit of $0.43 per share.

Its sales climbed 1.8% to $809 million.

ADT shares closed at $46.51 yesterday.

Posted-In: profitEarnings News

 

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