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Nov. 12, 2019, 4:46 p.m. EST

ADT shares leap 7% on jump in Q3 revenue

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By Jon Swartz

ADT Inc. /zigman2/quotes/202546506/composite ADT +0.79% shares jumped as much as 7% in after-hours trading Tuesday after the residential and commercial security company reported a vault in third-quarter revenue. ADT reported a net loss of $182 million, or 25 cents a share, compared with a net loss of $236 million, or 31 cents, in the year-ago period . Revenue rose 13% to $1.301 billion from $1.15 billion a year ago. Analysts surveyed by FactSet had expected EPS of 21 cents a share on revenue of $1.275 billion. ADT also said that it had priced a special dividend related to the sale of its Canadian operations at 70 cents a share, and will pay it on Dec. 23. ADT shares are up 29% this year. The S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.78% has gained 23% this year.

/zigman2/quotes/202546506/composite
US : U.S.: NYSE
$ 7.66
+0.06 +0.79%
Volume: 1.55M
July 8, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
1.83%
Market Cap
$5.78 billion
Rev. per Employee
$241,141
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/zigman2/quotes/210599714/realtime
US : S&P US
3,169.94
+24.62 +0.78%
Volume: 2.39B
July 8, 2020 4:58p
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