NYSE:ADTConsumer Services
Follow-On Equity Offering and Earnings Beat Might Change The Case For Investing In ADT (ADT)
Earlier this week, ADT Inc. reported higher second quarter earnings and revenue, reaffirmed its annual guidance, declared a US$0.055 dividend, updated its share buyback program, and announced a follow-on equity offering of 71 million shares.
The combination of increased profitability, ongoing shareholder returns, and a move to raise additional capital signals active efforts to balance growth with financial flexibility.
We’ll explore how the follow-on equity offering could shape ADT’s...