ADT Stock Drops, Q2 2021 Results

Revenue **** *** **** ***** **** ********

*** ***** ******* ******** 2% *** *** ** 2021, **** *** ******* reporting * *** **** of ~$*** *******, $** million ***** **** * 2021.

*** ********* ** **** investor's ************ *** ******, as **** ****** ***** shows:

*** *** *** ********* *** ** **** investor ******* ** ****** ************ so *************.

Installation ******* *******

*******, *** *******'* **** was ********* ****** ** a **% ******** ** overall ************ *******. ************ revenue ** **** ******* 1/5 ** *** *******'* total *******, **** **** revenue ****** **** ********* services.

******** *** ***** ******** (CSB) ************ ******* ******** heavily, **** **% ***.

** *** ******** ****, commercial ************ ******* *** up **% ***.

Ownership ***** *******

*** **** *** ******* revenue ******* *** **** planned '********* ***** *******', as **** ********* ** the ********* ******:

****** ******** ****, *** Company ******** * *** revenue ***** ********** *** certain *********** *********, ***** (i) ******* *** ****** and ****** ** **** due ** ************, (**) introduced * **-***** ********** contract ******, *** (***) introduced * *** ****** installment ******** ****** **** allows ********** *********** ********* to ***** *** **** due ** ************ **** a **-, **-, ** 60-month ********-**** ******. *** to *** ************ ** the *******’* ******* *****-***** consumer ********* *******, *** Company **** ************ *** security ****** ********* ***** from * ************* *******-***** model ** * ************* customer-owned ***** (*** “********* Ownership ***** ******”)

*******, ** ** ***** not ***** **** ****** them ** ***** **** investor's ************ ***** **** news *** ********* **** than * **** ***.

**********

*** ********** ********** *** Installation ******** ********** **% and **% ***, ************, with *** ****** *******'* revenue ********** ~**% ** a ***** ***.

*******, **** ****** *** against *** ***** ******* of *** ******** *** ADT, ** ****,**** *** ********** *****'* revenue **********% ***.

**** ** **** ** Q2 ****, *** ********** group's ******* *** ********* 7% ** *****, ********* in *** ******** ******* and **** * ********** large ******** ** *** past ****.

*** ** ******** ****** share ***** *** ** are **** ******* ***** that. *** *******, *** CEO ***** ********* ***** commercial ***********:

** * ******'* ***** to *** ****** ********** win. **'* * *** of ********** ******** ****** a ****** ***** ******** of *********. *** ******** account ******** ** ***** exceptionally ****. ** **** just ** *********** **** in **** *****. *** I'd *** *** ******* is ******* *** ** market ***** *****.

*******, ***** *** ********** group *** **** ***** net *% ** *** past * *****, ** do *** ***** **** would ******* ******** ****** share ***** ***** ** estimate *** ***** ****** to **** ***** ** a ******* *** ****** the **** **** ******.

*** ******* ********* ******* plans ** *********** *** commercial ****** ****** *** making **** *********** **** the **** **-** ******, with *** *** ************** *** **** ****:

***** *** ****’* ******* position ** **********, ****, life ****** *** ******** services, **** *********** ************* boosted *** ********** ******** in ***** ** *** product *********, *** ********** reach *** *** ********** customer ******* ************.

Google *********** ** ******* ***** ****

***** *** *** ********** Google ** * ********* partner, **** *** ****** ************* **** ****** *** going, ***** **** ** no ******** ********* ****** this ****:

*****'* **** *****-***** **-********* today, *** ******* *********** this **** ** * result, ***** **** *** plan ** * ****** of ******.

*** ********* ** **** developments *** ***** **** Google ** *** ******* side:

**'** *** ******** ********** Google ******** **** ** the ***** *********, *** Max *** ******** **** WiFi. *** *******, **'** be ********* *** ****** Doorbell ** *** ********* of ******** **** ******** offerings *******, ********* * refreshed *** ****** ** early ****.

ADT ***** **********

***** ********* ** *** public ******* ** ****, ADT *** *** **** able ** ***** *** or ******** **** *** initial ****** *****, ** the ***** ***** *****:

******* ** ****, *** factors *** *** ******* will ** *** **** the ****** *********** ***** and *** **** ****** share *** ********** ***** can ****.