Resideo Technologies Inc
REZI
ISIN US76118Y1047 / Valor 43797479
Resideo Technologies Inc
UMushroom community rating:
About company
Resideo Technologies Inc is a leading provider of whole-home solutions, offering a wide range of products including thermostats, security systems, water management systems, and energy management opportunities. The company also owns First Alert, a brand known for its reliable home safety products such as smoke and CO detectors, fire extinguishers, flood detectors, and home security systems. Additionally, Resideo operates ADI, a global wholesale distributor of access control, AV, fire, security, and smart home products with 200 locations in 17 countries.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (20.08.2024):
Net Income
Resideo Technologies Inc. reported a net income of $30 million for the second quarter of 2024. This is a decrease compared to the $50 million net income reported in the second quarter of 2023.
Revenue
For the second quarter of 2024, Resideo Technologies Inc. achieved net revenue of $1.59 billion. This represents a slight decline of 1% from the $1.60 billion reported in the same quarter of the previous year.
Adjusted EBITDA
Resideo Technologies Inc. reported an Adjusted EBITDA of $175 million for the second quarter of 2024. This is an improvement from the $155 million Adjusted EBITDA reported in the second quarter of 2023.
Products and Solutions Segment
The Products and Solutions segment of Resideo Technologies Inc. reported net revenue of $630 million for the second quarter of 2024, a 7% decrease compared to the same quarter in 2023. However, the segment's gross margin improved to 41.3%, up from 38.3% in the second quarter of 2023.
ADI Global Distribution Segment
In the second quarter of 2024, the ADI Global Distribution segment of Resideo Technologies Inc. reported net revenue of $959 million, a 4% increase compared to the second quarter of 2023. The segment's gross margin also saw a slight increase to 19.4% from 19.2% in the same quarter of the previous year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3607 M
Market cap (USD)
360,306
Daily traded volume (Shares)
24.48 / 24.09
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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