Apx Group Holdings, Inc. 10-Q Quarterly Report November 2018

Provo, UT – November 1, 2018 – APX Group Holdings, Inc. (“APX Group”, “Vivint” or the “Company”) today reported financial and operational results for the third quarter ended September 30, 2018.

“The Vivint model is building momentum as the number of consumers looking for a true smart home experience continues to increase,” said Todd Pedersen, CEO of APX Group. “Our 2018 third quarter New Subscriber growth benefited from this trend as we wrapped up the summer selling season with a 19% year-over-year growth in our direct-to-home sales channel and our inside sales team maintained its double-digit growth at 12% year over year. I feel particularly positive about these results, considering we tightened underwriting criteria during the quarter, which improves our unit of one economics, but creates a bit of a headwind to sales velocity. We’ll continue to push for balanced, profitable growth and we’re optimistic the progress we’ve made this year and this quarter are moves in this direction.”

a:This earning release includes Adjusted EBITDA, a metric that is not calculated in accordance with Generally Accepted Accounting Principles in the U.S. (“GAAP”). See the “Statement Regarding Non-GAAP Financial Measures” section at the end of this earnings release for the definition of Adjusted EBITDA and a reconciliation to its most directly comparable financial measure calculated in accordance with GAAP.

The following information was filed by Apx Group Holdings, Inc. on Thursday, November 1, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Apx Group Holdings, Inc. provided additional information to their SEC Filing as exhibits

Exhibit 10.2: Material Contract

Exhibit 10.3: Material Contract

Exhibit 10.4: Material Contract

Exhibit 10.5: Material Contract

Exhibit 10.6: Material Contract

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

CIK: 1584423
Form Type: 10-Q Quarterly Report
Accession Number: 0001584423-18-000032-2
Submitted to the SEC: Thu Nov 01 2018 5:34:25 PM EST
Accepted by the SEC: Fri Nov 02 2018
Period: Sunday, September 30, 2018
Industry: Miscellaneous Business Services

External Resources:
SEC.gov

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Apx Group Holdings, Inc. (1584423) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

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