Tyco Q3 Earnings Beat Estimates, Revenues Down
Tyco posted earnings of 59 cents per share on revenue of $2.49 billion for the quarter ended June 26.
Tyco posted earnings of 59 cents per share on revenue of $2.49 billion for the quarter ended June 26.
The $329.5 million cash transaction will allow Tyco to offer customers a full range of fire-safety solutions across both fixed and portable detection.
The company reported revenue of $2.5 billion, a 2% increase on an organic basis.
Tyco says it has advanced its Internet of Things strategy with an investment in Qolsys, the maker of the self-contained IQ panel.
The firm’s North American Installation & Services business generated $968 million.
Tyco Integrated Security unveiled its new expanded Global Center of Excellence in Alabama.