Residential

BOCA RATON, Fla. — Despite a volatile market, ADT highlighted record RMR returns and record customer retention in the first quarter of 2025 and doubled-down on its resilience during a recent earnings presentation.  In total, ADT saw recurring monthly revenue (RMR) increase by 2% to $360 million in Q1, with record customer retention (gross revenue attrition of 12.6%; revenue payback at 2.3 years).   “I think the headline from us is we have an exceptionally resilient...

BOCA RATON, Fla. — ADT, in a new collaboration with Yale and the Z-Wave Alliance, has launched the Yale Assure Lock 2 Touch with Z-Wave for ADT+, a smart lock that allows users to unlock and disarm their ADT+ security system using just their fingerprint.   The Z-Wave 800 Series is the first smart lock to leverage the newly introduced Z-Wave User Credential Command Class.  “ADT, alongside our partners at Yale and the Z-Wave Alliance, is setting a new standard for smart...

LAS VEGAS — After years of enduring a soft housing market with rising costs, material shortages and a lack of available inventory, the security industry is betting big on retrofitting multi-family units with access control and smart solutions.  During ISC West, Parks Associates released new research, "Modernizing Multifamily Housing: Retrofitting Access Control," in partnership with Kwikset, that revealed nearly 72% of multi-family owners and operators have reported plans...

DALLAS — Brinks Home announced that Impulse Alarm, a provider of alarm sales and installation, has officially joined the Brinks Home dealer sales program. The collaboration offers Impulse Alarm’s customers access to Brinks Home’s full suite of products and services in the home security market. “We’re thrilled to officially join the Brinks Home dealer sales program,” said David Hatfield, CEO of Impulse Alarm. “Our shared commitment to superior-quality...

LAS VEGAS — Fiber is seen as king when it comes to networks, but it may not be appropriate for every situation, opening the door to increased use of millimeter wave (mmWave) technology, experts said during a panel session on smart cities at ISC West on Tuesday.  The technology, between the 60 and 80 GHz range, is an ideal form of delivery for video and access control applications, said Chris Pingue, an analyst for the Las Vegas Metropolitan Police Department during the session “Optimizing...

DALLAS – Brinks Home announced that its monitoring centers have earned UL certification for Alarm Validation Scoring (AVS-01), giving them the ability to provide Emergency Communications Centers with clearer information.  Designed by The Monitoring Association, the AVS-01 is a framework for alarm validation scoring that provides ECCs with the information needed to accurately assess the severity of an alarm and pass that information to the appropriate authorities before they arrive on-site.   “The...

DALLAS – Brinks Home has announced the promotion of Sava Tsvetkov to executive vice president and chief financial officer (CFO) from senior vice president of finance and strategy. Brinks Home said that Tsvetkov’s promotion recognizes his leadership and contributions to the company’s growth over the past seven years. “Sava has been instrumental in shaping Brinks Home’s financial strategy, and his leadership has been integral to our success,” said William Niles,...

BOCA RATON, Fla. — ADT President and CEO Jim DeVries recommitted to the company’s decision to bow out of its solar business and go all in on its security and smart home during a recent webcast to discuss financial results.  “As a reminder, following the wind down of our solar operation in 2024, ADT is now completely focused on our core security and smart home business,” he said. “This market is large and growing to what analysts project at $23 billion in consumer...

SCOTTSDALE, Ariz. — Resideo Technologies exceeded key metrics in the fourth quarter and is in a strong position going into 2025, company officials said during a recent webcast presentation.   CEO Jay Geldmacher attributed the company’s success to the ADI and Products and Solutions teams and their operational execution generating organic net revenue growth and leading to continued gross margin expansion, healthy adjusted EBITDA growth and record operating cash generation.  “Let...

TYSONS, Va. — Alarm.com announced during its fourth quarter and year-end webcast that CFO Steve Valenzuela would be retiring, effective June 2, 2025, in what was described as an amicable departure.  The longtime CFO garnered praise from CEO Steve Trundle, who he credited for raising more than $1 billion in cash during his tenure at the company.  “We are very thankful for all of Steve's contributions over the years, which I would like to recognize,” he said. “Steve...