ADIG: Q3 revenue rose, but a goodwill write-down drove a sharp net loss
ADIG's third-quarter revenue grew 8.6% year over year, but a $659M non-cash goodwill impairment produced a $655M net loss, according to TradingView.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
ADIG's revenue in the third quarter rose 8.6% year over year. However, a non-cash goodwill impairment of $659 million produced a net loss of $655 million. Adjusted EBITDA came in at $66 million, TradingView reports.
Demand in the residential segment stayed weak throughout the quarter. The business, now operating independently, closed the period with $208 million in cash and $1.0 billion in gross debt.
why it matters
The main takeaway is the write-down, which sharply worsened the reported result, while the operating picture remains under pressure from the residential segment. Roughly $1 billion of debt against $208 million of cash leaves the company sensitive to housing demand.
market impact
ADIG shares: the net loss and weak residential demand weigh on the stock
- ADIG shares pressure down — the net loss and weak housing demand pressure expectations for the stock
tags
instruments
sources
- ADIG: Revenue grew, but residential softness and a $659M goodwill charge drove a sharp Q3 loss — TradingView, 12 November 2026 at 22:12 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗