ADT Inc. (ADT) is on the Hedgeye Technology Best Ideas list as a SHORT.
Please note that the slides and audio for this presentation are available at the following link: Hedgeye ADT Black Book.
Today we present an update on ADT in our usual Black Book form, delivered to you pre-recorded and ready to go. The key points in our update include our analysis demonstrating a lack of fundamental improvement in the business, evidence of commoditizing economics in the industry, slower incremental Pulse additions, evidence of displacement, as well as our views ahead of 2Q/3Q results and guidance.
Please click HERE for the slides and audio of the event. In addition, we have prepared several slides on our modeling assumptions for the next 6 quarters that we are happy to send to you upon request. Simply respond to this note or email .
Ami Joseph
Managing Director
