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February 13, 2016 6:36 AM ET

Diversified Consumer Services

Company Overview of APX Group Holdings, Inc.

Company Overview

APX Group Holdings, Inc. sells, installs, services, and monitors electronic home security and automation systems in the United States, Canada, and New Zealand. Its products and service packages allow subscribers to remotely control, monitor, and manage the security, life-safety, video, lighting, access control, and HVAC systems within their homes. The company offers security services that provide subscribers with residential security monitoring, wireless intrusion equipment, and emergency and non-emergency alerts; and energy management services, which offer subscribers to monitor, control, and conserve energy usage through its SkyControl panel, or remotely through a smartphone application or...

4931 North 300 West

Provo, UT 84604

United States

Founded in 1999

3,200 Employees

Phone:

801-377-9111

Fax:

801-377-4116

Key Executives for APX Group Holdings, Inc.

Co-Founder, Chairman and Chief Executive Officer
Age: 46
President and Director
Age: 43
Chief Financial Officer
Age: 54
Chief Operating Officer
Age: 45
Chief Executive Officer of Solar
Age: 55
Compensation as of Fiscal Year 2015.

APX Group Holdings, Inc. Key Developments

APX Group Holdings, Inc. Presents at Imperial Capital 2015 Security Investor Conference, Dec-10-2015

APX Group Holdings, Inc. Presents at Imperial Capital 2015 Security Investor Conference, Dec-10-2015 . Venue: The Waldorf Astoria New York, 301 Park Avenue, New York, NY 10022, United States.

APX Group Holdings, Inc. Presents at Bank of America Merrill Lynch 2015 Leveraged Financial Conference, Dec-04-2015 07:30 AM

APX Group Holdings, Inc. Presents at Bank of America Merrill Lynch 2015 Leveraged Financial Conference, Dec-04-2015 07:30 AM. Venue: Boca Raton Resort & Club, Boca Raton, Florida, United States. Speakers: Mark J. Davies, Chief Financial Officer.

APX Group Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Reports Impairment Charges for the Third Quarter Ended September 30, 2015

APX Group Holdings, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company's total revenues were $168,577,000 compared with $146,895,000 a year ago. Loss from operations was $78,159,000 compared with $22,398,000 a year ago. Loss before income taxes was $125,046,000 compared with $60,728,000 a year ago. Net loss was $125,072,000 compared with $59,464,000 a year ago. Adjusted EBITDA was $102.7 million compared with $78.8 million a year ago. For the nine months, the company's total revenues were $478,687,000 compared with $411,248,000 a year ago. Loss from operations was $92,746,000 compared with $65,073,000 a year ago. Loss before income taxes was $216,397,000 compared with $173,334,000 a year ago. Net loss was $216,732,000 compared with $173,015,000 a year ago. Net cash used in operating activities was $129,625,000 compared with $185,240,000 a year ago. Adjusted EBITDA was $285.6 million against $225.3 million a year ago. During the three months ended September 30, 2015, the company recorded $52.1 million of asset impairment charges related to write downs of network assets, subscriber acquisition costs, certain intellectual property and goodwill.

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