Resideo(REZI) - 2024 Q3 - Quarterly Results
Resideo(REZI)2024-11-08 05:12
1 Resideo Announces Third Quarter 2024 Financial Results • Net revenue growth of 18% year-over-year; mid-single-digit organic revenue growth at both ADI and Products and Solutions • Products and Solutions gross margin of 42.2%, sixth consecutive quarter of year-over-year improvement • Net income available to common stockholders of $11 million; adjusted EBITDA of $190 million, above the high end of outlook range • Strong demand for the refreshed Honeywell Home Focus Pro™ thermostat portfolio, first in a cade ...