ADT Inc. (NYSE:ADT) reported fourth-quarter fiscal 2023 sales decline of 7.2% year-on-year to $1.22 billion, missing the consensus of $1.44 billion.
Adjusted EPS was $0.25, beating the consensus of $0.04. The end-of-period recurring monthly revenue (RMR) of $353 million rose 4% YoY.
Trailing 12-month gross customer revenue attrition was 12.9%, a 10-basis-point improvement versus the prior year period.
Total Consumer and Small Business revenue was $1.2 billion …