secwatch.observer — SEC 8-K summary
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Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001193125-21-320163
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo Q3 revenue up 10% to $1.5B; net income down to $68M; updates FY outlook
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- Net revenue $1.5B, +10% YoY; gross margin 27.8%, up 60 bps.
- Operating profit $167M vs $131M; net income $68M ($0.46 diluted EPS) vs $75M ($0.60).
- Cash from operations $104M, up from $21M; cash $686M, debt $1.2B.
- FY2021 outlook: revenue $5.83-5.88B, op profit $558-568M; Q4 revenue $1.44-1.49B.
- ADI gross margin improved 200 bps; Products & Solutions margin down 140 bps on higher costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000119312521320163/0001193125-21-320163-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000119312521320163/d149935d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-320163

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer