Resideo Technologies, Inc. (REZI) Tops Q3 EPS by 55c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Resideo Announces Third Quarter 2020 Financial Results
November 5, 2020 7:30 AM ESTAUSTIN, Texas, Nov. 5, 2020 /PRNewswire/ -- Resideo Technologies, Inc. (NYSE: REZI), a leading global provider of home comfort and security solutions, today announced financial and operating results for the third quarter ended Sept. 26, 2020.
Highlights
Net revenue of $1.4 billion, up 11% from $1.2 billion in the third quarter 2019 Operating profit of $131 million, compared to operating profit of $59 million in the third quarter 2019 Net income of $75 million, compared to net income of $8 million in the third quarter 2019 Adjusted EBITDA1 of $188 million, up 65% from $114 million in the third quarter 2019... More