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Read: Smart Home Stocks Take a Beating in 2022

Smart Home Stocks Take a Beating in 2022

Smart home stocks fell an average of 32% in 2022. NAPCO, Vivint and ADT are among only five companies that had stock price gains last year.

Read: Resideo CONNECT 2022 Readies the Industry for a Sensor-Based Future

Resideo CONNECT 2022 Readies the Industry for a Sensor-Based Future

Resideo CONNECT 2022 outlined a vision for its 500 security and HVAC attendees where sensors dominate the home. It also addressed spring’s AlarmNet outage, revealed new products and more.

Read: Resideo Unveils Updated Loyalty Program, WiFi Water Leak Shutoff Valve at 2022 CONNECT Event

Resideo Unveils Updated Loyalty Program, WiFi Water Leak Shutoff Valve at 2022 CONNECT Event

The First Alert Pro Premier Partner Program will replace the existing Resideo Premier Security Dealer program and integrate separate security, HVAC and plumbing loyalty programs into one.

Read: Resideo: Top 2 Trends Driving Future of the Smart Home & Security Industry

Resideo: Top 2 Trends Driving Future of the Smart Home & Security Industry

The pandemic drove a desire for a smarter way of living with more connectivity and control from mobile devices. Here are two trends that are the primary drivers.

Read: Resideo/Honeywell Face Class Action Lawsuit Over Single Data-Bus ‘Defect’ in Control Units

Resideo/Honeywell Face Class Action Lawsuit Over Single Data-Bus ‘Defect’ in Control Units

The lawsuit alleges Resideo/Honeywell knew about defects in its burglar and fire alarm system control units but continued to market and sell them.

Read: Resideo Sees Record Q2 Revenues Courtesy of Price Hikes

Resideo Sees Record Q2 Revenues Courtesy of Price Hikes

Resideo’s Products and Solutions group had record revenues of $764 million, while its ADI Global Distribution unit hit record revenues of $922 million.

Read: Resideo Shares ProSeries Platform Updates, Brilliant Smart Home System Integration

Resideo Shares ProSeries Platform Updates, Brilliant Smart Home System Integration

Announced during ISC West, the latest firmware update for Resideo’s ProSeries Platform includes dealer branding, Google Assistant integration and more.

Read: Resideo Q4 Revenue Hit Hard by Supply Struggles; 2021 Performance Still Strong

Resideo Q4 Revenue Hit Hard by Supply Struggles; 2021 Performance Still Strong

Resideo’s 2021 net revenue was $5.8 billion, up 15% from 2020. The company had an operating profit of $559 million, an increase of 80% over the year prior.

Read: Resideo Announces Acquisition of Distributor Arrow Wire & Cable

Resideo Announces Acquisition of Distributor Arrow Wire & Cable

Resideo says Arrow strengthens ADI’s portfolio in the data communications category with an assortment of copper and fiber cabling, network equipment, and more.

Read: Resideo to Acquire First Alert for $593M

Resideo to Acquire First Alert for $593M

Resideo says the acquisition of First Alert advances its strategy of expanding the company’s presence with contractors and broadening its suite of sensors for the home.

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