This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ADT Reports Fourth Quarter And Fiscal Year 2012 Results

The ADT Corporation (NYSE: ADT):

FOURTH QUARTER 2012

  • Recurring revenue of $742 million, up 5.2%
  • Net income of $94 million, up 1.1%
  • EBITDA before special items of $401 million, up 2.8%
  • GAAP earnings per share of $0.40 and earnings per share before special items of $0.43

FOURTH QUARTER AND FISCAL YEAR RESULTS 1

           
($ in millions, except per-share amounts)
Q4 2012 Q4 2011 Change FY 2012 FY 2011 Change
Recurring revenue $742 $705 5.2% $2,903 $2,765 5.0%
Other revenue $70 $89 -21.3% $325 $345 -5.8%
Total revenue $812 $794 2.3% $3,228 $3,110 3.8%
Net income $94 $93 1.1% $394 $376 4.8%
EBITDA before special items 1 $401 $390 2.8% $1,609 $1,534 4.9%
EBITDA margin before special items 1 49.4% 49.1% 30bps 49.8% 49.3% 50bps
Net cash provided by operating activities $362 $396 -8.6% $1,493 $1,439 3.8%
Free cash flow before special items 1 $86 $154 -44.2% $432 $563 -23.3%
Diluted earnings per share $0.40 $0.39 2.6% $1.67 $1.59 5.0%
Diluted earnings per share before special items 1 $0.43 $0.41 4.9% $1.74 $1.66 4.8%
 

1 Reconciliations from GAAP to non-GAAP financial measures can be found in the attached tables, as well as on the Investor Relations section of our web site, www.ADT.com .

 

The ADT Corporation (NYSE: ADT) today reported diluted earnings per share of $0.40 for the fourth quarter of 2012, and diluted earnings per share before special items of $0.43. Naren Gursahaney, ADT’s Chief Executive Officer, said, “With our recent spin-off from Tyco International we entered the new fiscal year as a standalone public company with a clear leadership position in residential and small business security in North America. We are excited about the opportunities ahead of us to build on our leadership position and drive ongoing profitable growth.” Commenting on the company’s results for the fourth quarter, Gursahaney added, “We delivered solid recurring revenue growth fueled by the continued success of Pulse in the residential and small business security markets. Our focus for 2013 is to deliver meaningful shareholder value by leveraging our competitive strengths to accelerate growth and through the efficient deployment of capital.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs