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1501 Yamato Road
Boca Raton, FL 33431
ADT reports record year driven by disciplined growth and focus on free cash flow, underpinned by renewed customer focus
Fourth quarter total revenue of $1,106 million, up 5%; full year revenue of $4,316 million, up 4%
Fourth quarter Adjusted EBITDA of $598 million, up 8%; full year Adjusted EBITDA of $2,353 million, up 8%
Fourth quarter operating cash flow of $330 million, up 40%; full year operating cash flow of $1,592 million, up 39%
Fourth quarter free cash flow before special items of $22 million, up from negative $42 million; full year free cash flow before special items of $403 million, up 22%
Trailing twelve-month gross customer revenue attrition of 13.7%, an improvement of 110 basis points
Year-end U.S. Federal Net Operating Loss carryforward balance of $3.7 billion, providing substantial tax shield against future profits
Declares first quarterly cash dividend of $0.035 per share
The following information was filed by Adt Inc. (ADT) on Thursday, March 15, 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-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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