secwatch.observer — SEC 8-K summary
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Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001193125-22-275018
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 8% to $1.62B; EPS $0.42 vs $0.46; guides Q4 revenue $1.55-1.60B
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- Net revenue $1.62B (+8% YoY); gross margin 26.6% vs 28.1%; operating profit $155M vs $167M.
- Diluted EPS $0.42 vs $0.46; includes $13M pre-spin Honeywell litigation settlement in other expense.
- Products & Solutions rev $707M (+12%) but op profit fell 21% to $124M on First Alert costs and inflation.
- ADI rev $911M (+5%); op profit $78M (+7%); e-commerce sales up 22% to 18% of ADI total.
- Q4 2022 guidance: revenue $1.55-1.60B, gross margin 26.5-27.5%, op profit $130-140M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000119312522275018/0001193125-22-275018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000119312522275018/d408907d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-275018

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