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Vivint offers a range of integrated smart home and security products, including cameras, locks, safety sensors, thermostats, lighting, managed through the Vivint Smart Hub and mobile app. [2] As of 2024, Vivint has over two million customers across all fifty states with more than 27 million devices managed .
Instead, Best Buy spokesman Jeff Haydock said, "We are continuing to work with Vivint on ways to better help our customers explore, learn about and buy the latest smart-home products and services."
Consumer Reports (CR), formerly Consumers Union (CU), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy.
Also contributing to Vivint's financial troubles was the fact that starting in 2016, the PPA model was losing favor with consumers who increasingly preferred to buy solar power systems outright. [17] Starting in late 2016, Vivint Solar started offering loans and cash sales, leading to 84% year-over-year growth in revenue. [18]
Vivint Solar (VSLR) delivered earnings and revenue surprises of -450.00% and -20.68%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
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