Diversified Consumer Services
Company Overview of APX Group Holdings, Inc.
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
Founded in 1999
Key Executives for APX Group Holdings, Inc.
Co-Founder, Chairman and Chief Executive Officer
Chief Executive Officer of Solar
Compensation as of Fiscal Year 2015.
APX Group Holdings, Inc. Key Developments
APX Group Holdings, Inc. Presents at Deutsche Bank Leveraged Finance Conference 2015, Sep-30-2015 01:35 PM
Sep 25 15
APX Group Holdings, Inc. Presents at Deutsche Bank Leveraged Finance Conference 2015, Sep-30-2015 01:35 PM. Venue: Phoenician, Scottsdale, Arizona, United States.
APX Group Holdings, Inc. - Special Call
Sep 22 15
To discuss the plan to transition its wireless internet business from a 5Ghz to a 60Ghz-based network technology and the company will cease the build-out of 5Ghz networks and stop the installation of new customers
APX Group Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 10 15
APX Group Holdings, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the second quarter, the company reported strong second quarter results highlighted by improvements across key financial and operational metrics. Total revenue was $157.913 million for the quarter ended June 30, 2015, a 17.7% increase compared to $134.199 million for the quarter ended June 30, 2014. Loss from operations was $4.888 million against $30.446 million a year ago. Loss before income taxes was $43.435 million against $65.534 million a year ago. The company's net loss for the quarter ended June 30, 2015 was $43.614 million compared to a net loss of $66.271 million for the same period in 2014. Adjusted EBITDA for the company was $93.4 million for the second quarter ended June 30, 2015, up 36.2% as compared to $68.6 million for the second quarter in 2014. The second quarter 2015 Adjusted EBITDA excludes the $12.2 million non-cash gain on settlement of merger-related escrow.
For the year-to-date, the company’s revenues for the six month period ended June 30, 2015 were $310.108 million, a 17.3% increase over the year to date revenues of $264.4 million for the same period in 2014. Loss from operations was $14.589 million against $42.675 million a year ago. Loss before income taxes was $91.353 million against $112.606 million a year ago. Net loss for the first six months of 2015 was $91.661 million compared to a net loss of $113.551 million for the same period in 2014. Net cash used in operating activities was $89.690 million against $136.386 million a year ago. Adjusted EBITDA for the first six months of 2015 was $183.0 million, up 24.9% compared to $146.5 million for the first six months of 2014.
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