Resideo Technologies Inc

Resideo Technologies, Inc. engages in the provision of critical comfort, thermal and security solutions primarily in residential environments. It operates through the following business segments: Products & Solutions and ADI Global Distribution. The Products & Solutions Segment offers Security categories and include temperature and humidity control, thermal, water, and air solutions as well as security panels, sensors, peripherals, wire and cable, communications devices, video cameras, awareness, cloud infrastructure, installation and maintenance tools, and related software. The ADI Global Distribution segment provides low-voltage electronic and security products such as intrusion and smart home, fire, video surveillance, access control, power, audio and video, networking, communications, enterprise connectivity, and structured wiring. The company was founded on April 24, 2018 and is headquartered in Scottsdale, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Resideo Technologies reports record revenue despite softening markets, eyes growth

Resideo Technologies navigated challenging market conditions to achieve record revenue and operating income in Q4 2022.
The company is strategically focused on introducing new products, improving margins, and accelerating key business initiatives in 2023.
ADI's successful performance in 2022, coupled with e-commerce expansion and exclusive brands offerings, positions the company for continued growth.
Resideo's emphasis on manufacturing optimization, product portfolio enhancements, and financial targets underscores its commitment to long-term success.

Resideo reports Q1 revenue growth, eyes operational efficiency improvements

Resideo Technologies Inc demonstrated steady revenue growth and a focus on operational efficiency in Q1 2023.
The company's commercial business outperformed residential, presenting opportunities for market diversification.
Challenges include stabilizing inventory levels and maintaining gross margins in a competitive landscape.

Resideo Technologies Inc meets Q2 targets amidst market challenges

Resideo Technologies Inc navigated challenges in the residential market, maintaining revenue and profit targets. The company is focused on introducing new products, cost reduction, and optimizing operations to drive future growth.
Despite facing soft market conditions, Resideo is leveraging its strengths in product innovation and cost management to enhance its competitive position and drive value creation for shareholders.

Resideo Technologies reports Q3 revenue decline, focuses on cost savings

Resideo Technologies navigated Q3 with revenue decline but focused on cost savings and margin improvements.
Executives emphasized strategic initiatives and portfolio optimization to drive profitability amidst market challenges.
Analysts probed on pricing dynamics, margin improvements, and future expectations, reflecting investor interest in Resideo's performance.

Resideo Technologies reports robust Q4 earnings and projects strong 2024 growth

Resideo Technologies Inc delivered a strong performance in Q4 2023, with revenue growth, improved margins, and a positive outlook for 2024 revenue and EBITDA.
The company's strategic initiatives in portfolio reshaping, partnerships, and product innovation position it well for future growth and market leadership.
While facing challenges in margin optimization, Resideo has opportunities to capitalize on market trends, partnerships, and digital capabilities for sustained success.

Resideo Technologies Inc excels in Q1, eyes growth through acquisitions

Resideo Technologies Inc delivered a strong Q1 2024 performance, meeting revenue and exceeding adjusted EBITDA expectations.
The company's focus on margin expansion, new product introductions, and strategic acquisitions positions it well for future growth and profitability.
While facing integration challenges and market competition, Resideo's commitment to financial stability and innovation presents opportunities for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Resideo Technologies, Inc. operates as a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. It operates through the Products and Solutions and ADI Global Distribution segments. The Products and Solutions segment includes temperature and humidity control, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety products, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, cloud infrastructure, installation and maintenance tools, and related software. The ADI Global Distribution segment provides low-voltage security products including access control, fire detection, security, and video products and participates significantly in the broader related markets of audio, communications, data communications, networking, power, ProAV, smart home, and wire and cable. The company was founded on April 24, 2018 and is headquartered in Scottsdale, AZ.

At $24.75, REZI is trading at 7x 2021 EBITDA and growing double digits. Conservative management no longer issues “Adjusted Guidance” and simply uses GAAP.

Resideo Technologies: Connected Home Play Is A Double After Plummeting Following Earnings

Resideo Technologies, Inc. (REZI) CEO Jay Geldmacher on Q4 2020 Results - Earnings Call Transcript

AUSTIN, Texas, Feb. 25, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced financial and operating results for the fourth quarter and full year ended Dec. 31, 2020. Fourth Quarter 2020 Highlights...

Resideo Announces Fourth Quarter and Full Year 2020 Financial Results

AUSTIN, Texas, Feb. 23, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI) will host a virtual Investor Day on Thursday, March 11, 2021 at 10:00 a.m. Eastern Time (7:00 a.m. Pacific Time). Members of Resideo's senior management will present and discuss the company's strategy and...

Resideo to Host Virtual Investor Day on March 11, 2021

Resideo Technologies (REZI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Resideo Technologies (REZI) Beat Estimates Again in Its Next Earnings Report?

Chemours

Mosaic

Weyerhaeuser

Zillow

The major indices are broadly in the red right now, but the deep learning algorithms at Q.ai have assessed the market to give you today's top shorts.

Top Stocks To Short Today As Inflation Fears Cause Indices To Retreat

AUSTIN, Texas, Feb. 17, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced that the company has completed the refinancing of its senior secured term loan A and term loan B with the net proceeds of...

Resideo Announces Successful Completion of Debt Refinancing

Continental Resources

Scientific Games

Snap

As the major indices inevitably fall from record highs, Q.ai's artificial intelligence has assessed the data to bring you today's top shorts.

Top Stocks To Short Today As The Bull Rush Takes A Breather

AUSTIN, Texas, Feb. 5, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI) will release fourth quarter and full year 2020 financial results before the opening of the New York Stock Exchange on Thursday, Feb. 25, 2021. A conference call and simultaneous webcast to discuss the...

Resideo to Release Fourth Quarter and Full Year 2020 Financial Results and Host Earnings Call on Feb. 25, 2021

Atlanta Braves Holdings Inc

Six Flags Entertainment Corporation

Nektar Therapeutics

Western Digital

Nearly all of last week's losses have been recovered, and investors seem to be back to focusing on earnings from tech giants, stimulus progress, and the vaccine. With all of this news, Q.ai's deep learning algorithms have crunched the data to give you today's Top Shorts.

Top Stocks To Short Today As Markets Recoup Last Week's Losses

AUSTIN, Texas, Jan. 27, 2021 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced the company has launched a process to refinance its senior secured credit facilities. The strategic refinancing is...

Resideo Announces Launch of Debt Refinancing Process and Preliminary Fourth Quarter 2020 Financial Results

Green Brick Partners

Honeywell

NeuBase Therapeutics Inc

David Einhorn (Trades, Portfolio)'s hedge fund, Greenlight Capital, ended 2020 on a high note. After a rough start to the year, Greenlight added 25% in the fourth quarter of 2020, making it the best quarter in its history according to the firm's full-year letter to investors.

David Einhorn's Value Strategy Yields Results While Shorts Drag

The home products company had another strong month and looks well positioned for 2021.

Why Resideo Technologies Stock Soared Again in December

AUSTIN, Texas, Dec. 17, 2020 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced that Travis Merrill will join the company in the newly created position of executive vice president, chief strategy and...

Resideo Names Travis Merrill Executive Vice President, Chief Strategy & Commercial Officer

The home products company is benefiting from stay-at-home measures.

Why Shares in Resideo Technologies Surged by 83.4% in November

Ally Financial

Ironwood Pharma

MCBC Hlds

Office Depot

Earnings yield can be more illuminating than the traditional P/E ratio as the former facilitates comparison of stocks with fixed-income securities.

5 High Earnings Yield Stocks to Add to Your Portfolio

A new CEO has launched a focus on operating efficiency and cost-containment. The efforts were quickly rewarded as Q3 GAAP earnings were up 10x yoy. Going forward, the margin improvement appears to be sustainable for the leading global provider of smart home security and comfort devices.

Resideo Technologies: New CEO Has Transformed The Company (And Its Earnings Power)

Resideo (REZI) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

Resideo (REZI) Looks Good: Stock Adds 8.1% in Session

AUSTIN, Texas, Nov. 17, 2020 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI) ("Resideo") today announced the pricing of an underwritten public offering of 17,000,000 shares of its common stock at a price to the public of $15.00 per share, before underwriting discounts and...

Resideo Announces Pricing of Public Offering of Common Stock

Johnson Controls

REZI vs. JCI: Which Stock Is the Better Value Option?

AUSTIN, Texas, Nov. 16, 2020 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE:REZI) ("Resideo") today announced that it has commenced an underwritten public offering of 17,000,000 shares of its common stock. Resideo intends to use the net proceeds of this offering to repay borrowings...

Resideo Announces Public Offering of Common Stock

Resideo Technologies, Inc. (REZI) CEO Jay Geldmacher on Q3 2020 Results - Earnings Call Transcript

Resideo Technologies (REZI) delivered earnings and revenue surprises of 400.00% and 19.89%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Resideo Technologies (REZI) Tops Q3 Earnings and Revenue Estimates

The company's earnings came in much better than expected.

Why Shares of Resideo Technologies Are Up Today

AUSTIN, Texas, Nov. 5, 2020 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced financial and operating results for the third quarter ended Sept. 26, 2020. Highlights Net revenue of $1.4 billion, up 11%...

News for Resideo Technologies Inc Stock (REZI)