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Q1 sales, profits up for ADT

January 30, 2013Tess Nacelewicz

Sales of Pulse are up more than 6 percent and recurring revenue up more than 5 percent, The ADT Corp reported today as it released its results from its first quarter ending Dec. 28. The home security/home automation giant also said it added 257,000 new customers and has 6.4 million customer accounts. When ADT on Sept. 28 became an independent, publicly traded company after spinning off from Tyco International, CEO Naren Gursahaney told me that it was not "a moonshot” for ADT's residential penetration...

Naren Gursaheney, Pulse, Security Systems News (SSN)

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