VVNT - Earnings announcements

Acquisition Positions NRG as the Leading Essential Home Services Provider, Accelerating Growth Plan NRG Energy, Inc. (NYSE:NRG) and Vivint Smart Home, Inc. (NYSE:VVNT) today announced they have entered into a definitive agreement under which NRG will acquire Vivint for $12 per share or $2.8 billion in an all-cash transaction with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA. The agreement has been unanimously approved by the boards of directors of both companies. Vivint Smart Home is a leading smart home platform company whose mission is to help its nearly two million customers live intelligently by providing them with technology, products, and services to crea

Revenue grew by nearly 14% (more than 18% after normalizing for Canadian divestiture), driven by strong growth in total subscribers, an all-time high in average monthly recurring revenue per user, and significant contribution from Smart Energy offering Operating metrics continue to perform near record levels, with attrition at 11.0% and net service cost per subscriber at $9.43, an all-time low Raising full-year outlook for total subscribers, revenue, and adjusted EBITDA Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the third quarter and nine months ended September 30, 2022. Third Quarter Financial Highlights (vs. prior-year period) Reve

Vivint Smart Home, Inc. (NYSE:VVNT) will discuss its third quarter 2022 results on Tuesday, November 8, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on November 8, 2022. Webcast and Conference Call Details Date:   Tuesday, November 8, 2022 Time:   5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Pre-register:   https://www.netroadshow.com/events/login?show=3df2eae1&confId=42986 (access details will be sent via email following registration)

Revenue grew by 15% as attrition reached 17-quarter low of 10.9% and service cost per subscriber reached all-time low Adjusted for the divestiture of Canadian operations, revenue growth was 17.5% and attrition was 10.7% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the second quarter ended June 30, 2022. Second Quarter Financial Highlights (vs. prior-year period) Revenue increased by $53.2 million to $407.3 million, representing an increase of 15% (17.5% ex Canada) Net loss improved by $67.1 million to a loss of $3.5 million Adjusted EBITDA(a) increased by $30.1 million to $189.7 million Originated 126,328 new subscribers, a record

Vivint Smart Home, Inc. (NYSE:VVNT) will discuss second quarter 2022 results on Monday, August 8, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on August 8, 2022 and prior to the conference call. Webcast and Conference Call Details Date: Monday, August 8, 2022 Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Dial-in: United States (Toll Free): 1-844-200-6205 / International (Toll): +1-929-526-1599 Access Code: 072041 Webcast (

Revenue grew ~15% as company reported record 66,734 new subscribers and 15-quarter-low attrition of 11.2% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the first quarter ended March 31, 2022. "Our strong track record of execution as a public company continued through the first quarter of 2022," said David Bywater, CEO of Vivint Smart Home. "We remain committed to profitable growth as evidenced by our revenue increase of nearly 15%, improvement in net loss of more than 69%, and adjusted EBITDA growth of almost 26%. We are particularly pleased with our attrition rate of 11.2% which was a 15-quarter low and a 60-basis point improvement versus

Vivint Smart Home, Inc. (NYSE:VVNT) will discuss first quarter 2022 results on Tuesday, May 3, 2022, at 4:30 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on May 3, 2022 and prior to the conference call. Webcast and Conference Call Details Date: Tuesday, May 3, 2022 Time: 4:30 p.m. Eastern Time / 2:30 p.m. Mountain Time Dial-in: North America/US (Toll Free): 1-844-200-6205 / International (Toll): +1-929-526-1599 Access Code: 344732 Webcast (liste

Originated record 360,509 new subscribers as revenue grew 18% and attrition reached 14-quarter low of 11.3% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the fourth quarter and full year ended December 31, 2021. "Last year was extraordinary for Vivint," said David Bywater, CEO of Vivint Smart Home. "Our team delivered record results in 2021, adding more than 360,000 new subscribers while outperforming our full-year guidance on total subscribers, revenue, and adjusted EBITDA. Our attrition rate decreased to a 14-quarter low of 11.3%, which was 110 basis points lower than the prior year. We saw meaningful progress on our Smart Energy and Smar

Vivint Smart Home, Inc. (NYSE:VVNT) will discuss fourth quarter and full year 2021 results on Thursday, February 24, 2022, at 5:00 p.m. Eastern Time. The Company plans to post a press release reporting its results and related presentation slides on the Investor Relations section of its website at https://investors.vivint.com/home/default.aspx after the close of the financial markets on February 24, 2022 and prior to the conference call. Webcast and Conference Call Details Date: Thursday, February 24, 2022 Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time Dial-in: North America/US (Toll Free): 1-844-200-6205 / International (Toll): +1-929-526-1599 Access Code

Revenue increased by over 21% as the company grew Total Subscribers in the portfolio by more than 155,000 Attrition declined by 140 basis points year over year to 11.4%, a 13-quarter low Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced results for the three and nine months ended September 30, 2021. "I am very pleased with our third quarter 2021 results as we achieved double digit year-over-year growth in revenue," said David Bywater, CEO of Vivint. "Our revenue growth rate was more than double the growth rate in the prior year period, reflecting the robust demand for the products and services we deliver. Many of the underlying metrics of the business sho

Vivint Smart Home, Inc. (NYSE:VVNT) today announced its plans to host a conference call to discuss results for third quarter 2021 on Monday, November 15, 2021, at 8:30 a.m. Eastern Time. The Company plans to release its third quarter 2021 results and post presentation slides in the investor relations section of its website at www.vivint.com before the open of the financial markets on November 15, 2021. Webcast and Conference Call Details Date: Monday, November 15, 2021 Time: 8:30 a.m. Eastern Time / 6:30 a.m. Mountain Time Webcast (listen-only): https://event.on24.com/wcc/r/3408532/5A54D0913279B6728D876C80C0179CB4 Investors, analysts, and other participants can register for the telephoni

Revenue grew by 17% as the company added over 121,000 new subscribers, an all-time record for the second quarter Attrition declined by 210 basis points year over year to a 12-quarter low of 11.6% Vivint Smart Home, Inc. (NYSE:VVNT), a leading smart home company, today announced financial results for the second quarter ended June 30, 2021. "It's great to be back at Vivint Smart Home," said David Bywater, CEO of Vivint. "I know the company, culture, and industry extremely well, having spent three years previously as the company's chief operating officer before spending the last five years as the CEO of our former sister company, Vivint Solar. I am very pleased with the significant progress

Vivint Smart Home, Inc. (NYSE:VVNT) today announced its plans to host a conference call to discuss results for the second quarter of 2021 on Tuesday, August 3, 2021, at 5:00 p.m. Eastern Time. The Company plans to release its second quarter 2021 results and post presentation slides in the investor relations section of its website at www.vivint.com after the close of the financial markets on August 3, 2021. Webcast and Conference Call Details Date: Tuesday, August 3, 2021   Time: 5:00 p.m. Eastern Time / 3:00 p.m. Mountain Time   Webcast (listen-only): http://investors.vivint.com/events-presentations/events/default.aspx Investors, analysts, and other par