Resideo Technologies, Inc. (REZI) Reports Q4 EPS of $0.13

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Go back to Resideo Technologies, Inc. (REZI) Reports Q4 EPS of $0.13

Resideo Technologies Delivers Results at High End of Range for Fourth Quarter and Full-Year 2018

March 7, 2019 6:31 AM EST

AUSTIN, Texas, March 7, 2019 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI) today announced its fourth-quarter and full year earnings along with its long-term strategy for growth and margin expansion. The company reported net revenue of $1,266 million for the fourth quarter of 2018, bringing full-year net revenue to $4,827 million. Reported year-end revenue results were at the high end of the range, with EBITDA above the range.

"We delivered strong performance for the fourth quarter and full year, despite the spin- related cost base coming in higher than expected," said Mike Nefkens, president and CEO of Resideo.... More