Resideo Technologies Inc. Stock News

Resideo Technologies (REZI) delivered earnings and revenue surprises of 38.10% and 3.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Resideo Technologies (REZI) delivered earnings and revenue surprises of 38.10% and 3.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

SCOTTSDALE, Ariz. , May 2, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential

SLYV: Diversified Small Cap Value Fund

Newell Brands (NWL) completes the sale of the CH&S unit to Resideo to focus on core categories. The move will help reduce debt and fund share repurchases.

David Einhorn's GLRE 13F stock portfolio value increased from $1.49B to $1.75B this quarter. The largest 3 positions are at ~48% of the portfolio.

SCOTTSDALE, Ariz., Feb. 25, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced that CFO Tony Trunzo is scheduled to…

Resideo's (REZI) Arrow Wire buyout will boost its data communications offerings, distribution network and market presence. Arrow Wire is now part of the ADI Global Distribution segment.

Resideo's (REZI) Arrow Wire buyout will boost its data communications offerings, distribution network and market presence. Arrow Wire is now part of the ADI Global Distribution segment.

Resideo Technologies (REZI) delivered earnings and revenue surprises of 21.62% and 0%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Resideo Technologies press release (NYSE:REZI): Q4 GAAP EPS of $0.44 beats by $0.07.Revenue of $1.45B misses by $20M.

SCOTTSDALE, Ariz. , Feb. 15, 2022 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI ), a leading global provider of home comfort and security solutions and distributor of commercial and residential security and audio-visual products, today announced financial results for the fourth quarter and full year ended December 31, 2021 . Full Year 2021 Highlights Net revenue of $5.8 billion , up 15% from $5.1 billion in 2020 Gross profit margin of 26.7%, up approximately 80 basis points compared to gross profit margin of 25.9% in the prior year Operating profit of $559 million , or 9.6% of revenue, an increase of 80% from $311 million , or 6.1% of revenue, in 2020 Fully diluted earnings per share of $1.63 compared to fully diluted earnings per share of $0.29 in 2020 Cash provided by operating activities of $315 million compared to $244 million in the prior year Fourth Quarter 2021 Highlights Net revenue of $1.45 billion , down 3% from $1.50 billion in the fourth quarter 2020 Gross profit margin of 27.2%, down approximately 100 basis points compared to gross profit margin of 28.2% in the prior year comparable period Operating profit of $141 million , or 9.7% of revenue, compared to $152 million , or 10.1% of revenue, in the fourth quarter 2020 Fully diluted earnings per share of $0.45 compared to fully diluted earnings per share of $0.44 in the fourth quarter 2020 Cash provided by operating activities of $112 million compared to $152 million in the prior year comparable period Management Remarks "2021 was a year of record performance for Resideo as both ADI and Products & Solutions delivered double digit revenue growth and operating margin expansion," commented Jay Geldmacher , Resideo''s President and CEO. "The team executed through a challenging supply chain environment, stepping up to deliver for our customers.

Resideo Technologies, Inc. (REZI) CEO Jay Geldmacher on Q4 2021 Results - Earnings Call Transcript