Latest

Read: Resideo to Raise Capital With Public Offering of Common Stock

Resideo to Raise Capital With Public Offering of Common Stock

Proceeds from the sale of 17 million shares of Resideo common stock will be used to pay down debt and for funding growth investments.

Read: Resideo Condenses CONNECT Into Succinct Virtual Sessions

Resideo Condenses CONNECT Into Succinct Virtual Sessions

The manufacturer offered its Premier Dealer Program members market and product updates as well as encouragement at abbreviated version of its annual event.

Read: Resideo Stock Spikes After Reporting Strong Q3 Performance

Resideo Stock Spikes After Reporting Strong Q3 Performance

ADI Global Distribution quarterly segment revenue increased 11%, while the Products & Solutions segment reported a revenue increase of 12%.

Read: Resideo Releases ProSeries Security and Smart Home Platform

Resideo Releases ProSeries Security and Smart Home Platform

Resideo’s professionally installed and monitored security, life safety and smart home control system is now available in North America.

Read: Resideo Releases Updated Tuxedo Touch Security & Smart Home Controller

Resideo Releases Updated Tuxedo Touch Security & Smart Home Controller

The new Honeywell Home Tuxedo panel by Resideo features a 7” color touchscreen and is compatible with hundreds of Z-Wave Plus devices.

Read: ADI Cancels All Expo Events for Remainder of 2020

ADI Cancels All Expo Events for Remainder of 2020

The ADI Expo program is planned to resume in February 2021. Dealers are encouraged to take advantage of online training to sharpen business skills.

Read: Resideo Q2 Revenues Fall as Execs Express Optimism About Market Dynamics

Resideo Q2 Revenues Fall as Execs Express Optimism About Market Dynamics

Headwinds caused by the coronavirus were attributed for the revenue losses at Resideo’s ADI Global Distribution and Products & Solutions segments.

Read: Resideo Hires Jay Geldmacher as New President, CEO

Resideo Hires Jay Geldmacher as New President, CEO

A 30-year industry veteran, Geldmacher will succeed former President and CEO Mike Nefkens who stepped down last December.

Read: Resideo Reports Q1 Earnings Amid COVID-19 Turmoil

Resideo Reports Q1 Earnings Amid COVID-19 Turmoil

Resideo posted revenues of $1.18 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 3.78%.

Read: Town Hall Webinar to Examine Coronavirus Impact on Security Industry

Town Hall Webinar to Examine Coronavirus Impact on Security Industry

With Resideo’s Scott Harkins moderating, industry association executives will discuss how the COVID-19 crisis is impacting the security ecosystem.

Get Our Newsletters