Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.24B | 3.3% |
| Gross Profit | 727M | 10.3% |
| Cost of Revenue | 516M | 5.2% |
| Operating expense | 516M | 5.2% |
| Net Income | 127M | 37.6% |
| EBITDA | 484M | 9.9% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 16.1B | 0.6% |
| Total Liabilities | 12.2B | 0.1% |
| Total Equity | 3.9B | 2.3% |
| Shares Outstanding | 55M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 498M | 11.5% |
| Cash from investing | -402M | 20.8% |
| Cash from financing | -41M | 79.7% |
EPS
Financial Highlights for ADT in Q3 '24
ADT reported a revenue of 1.24B, which is a 3.3% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 727M, marking a 10.3% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 516M, a -5.2% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 516M, showing a -5.2% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 127M, showing a 37.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 484M, showing a 9.9% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for ADT with growth in revenue, gross profit, and net income.
