Exhibit 99.1

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ADT REPORTS FIRST QUARTER 2020 RESULTS

Strong revenue, significant cash flow generation, and unit growth during the first quarter
Capital structure enhancements extend maturities and lower borrowing costs
Current environment highlights resiliency of our business model
Continued to serve communities nationwide providing essential services and protection for customers
Updated 2020 full year outlook with strong cash flow generation


BOCA RATON, FL – May 7, 2020 –
ADT Inc. (NYSE: ADT), a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States, today reported the results for its first quarter of 2020.
FIRST QUARTER 2020 HIGHLIGHTS COMPARED TO PRIOR YEAR(1)
Total revenue of $1,370 million, up 10% from $1,243 million
Net loss of $300 million, compared to net loss of $66 million
Net cash provided by operating activities of $250 million, compared to $509 million
Net cash used in investing activities of $338 million, compared to $400 million
Net cash provided by financing activities of $158 million, compared to net cash used in financing activities of $380 million
Adjusted EBITDA of $539 million, compared to $621 million
Free Cash Flow before special items of $173 million, up from $171 million, despite $66 million increase in cash interest due to quarterly timing of payments
Trailing twelve-month revenue payback improved to 2.3 years from 2.4 years
Trailing twelve-month gross customer revenue attrition of 13.5%, an increase of 20 bps


"Financial results were strong for the quarter despite the onset of COVID-19 related disruptions that escalated during the month of March,” stated Jim DeVries, ADT's President and CEO. “Our top priority during the COVID-19 crisis has been and remains the health and well-being of our associates and customers, and we have implemented a number of initiatives and programs in support of these efforts. The resilience of ADT’s business model and strong financial foundation has enabled us to serve our customers uninterrupted during these unprecedented times. As the U.S. economy begins to reopen, ADT will continue to protect the welfare of our associates and customers, while shifting from a moderately defensive stance to a more opportunistic long-term value creation focus.”


1

The following information was filed by Adt Inc. (ADT) on Thursday, May 7, 2020 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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