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ADT Reiterated FY24 Revenue Of $4.8B-$5.0B Vs $4.91B Est, Adj EPS Of $0.65-$0.75 Vs $0.69 Est

Author: Benzinga Newsdesk | August 01, 2024 06:58am

2024 Financial Outlook

The Company is reiterating its 2024 financial guidance for Total Revenue, Adjusted EBITDA, and Adjusted Free Cash Flow while updating the range for Adjusted EPS to reflect the presentation of the solar business as a discontinued operation.

(in millions, except per share data)
Total Revenue $4,800 - $5,000
Adjusted EBITDA $2,525 - $2,625
Adjusted EPS $0.65 - $0.75
Adjusted Free Cash Flow

(including interest rate swaps)
$700 - $800
The Company is not providing forward-looking guidance for U.S. GAAP financial measures other than Total Revenue or a quantitative reconciliation to the most directly comparable GAAP measure for its non-GAAP financial guidance shown above because the GAAP measures cannot be reliably estimated and the reconciliations cannot be performed without unreasonable effort due to their dependence on future uncertainties and adjusting items that the Company cannot reasonably predict at this time but which may be material. Please see "Non-GAAP Measures" for additional information.

Posted In: ADT

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