SiriusXM Tumbles on 2025 Revenue Outlook as Firm Outlines Cost Cuts [Yahoo! Finance]
ADT Inc. (ADT)
Last adt inc. earnings: 3/5 04:15 pm
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Source: Yahoo! Finance
company issued a 2025 revenue forecast that fell short of Wall Street estimates and said it will undertake a new cost-cutting drive. Most Read from Bloomberg Brace for a Nationwide Shuffle of Corporate Headquarters Cloud Computing Tax Threatens Chicago's Silicon Valley Dream A Chicago Skyscraper Cements the Legacy of a Visionary Postmodern Architect San Francisco, Paris Named Best Cities for Urban Transportation DC Business Leaders Welcome Return-to-Office Policy Under Trump The stock was down 8.7% to $26.25 in New York trading after falling as low as $25.92, the steepest one-day drop since late September. It had retreated 47% this year through Monday. New York-based Sirius will seek $200 million in cost-savings next year, on top of savings achieved over the past two years, according to a statement Tuesday. The company didn't provide further details on the reductions, but said it will focus next year on retaining subscribers who get its service in their cars. Marketing
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- SiriusXM to Cut $200 Million in Costs, Pivot Resources Away From Streaming [Yahoo! Finance]Yahoo! Finance
- SiriusXM Shake-Up: $200M in Cost Cuts, Pivot Away From Streaming [Yahoo! Finance]Yahoo! Finance
ADT
Earnings
- 10/24/24 - Beat
ADT
Sec Filings
- 12/17/24 - Form 8-K
- 12/9/24 - Form 8-K
- 12/4/24 - Form 8-K
- ADT's page on the SEC website