secwatch.observer — SEC 8-K summary
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Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001740332-23-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo Q3 revenue falls 4% to $1.55B; GAAP EPS $0.14, non-GAAP $0.41
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- Net revenue $1.55B, down from $1.62B YoY; GAAP EPS $0.14 vs $0.42; non-GAAP EPS $0.41 vs $0.48.
- Operating income $109M includes $38M restructuring; Products & Solutions gross margin up 250bps to 38.7%.
- Sold Genesis Cable for $87.5M (closed Oct 16); acquired Sfty (life safety monitoring); repurchased 1.8M shares for $30M.
- Q4 2023 outlook: revenue $1.495B-$1.545B, GAAP EPS $0.43-$0.53, non-GAAP EPS $0.29-$0.39.
- Full-year 2023 guidance: revenue $6.2B-$6.25B, GAAP EPS $1.30-$1.41, non-GAAP EPS $1.39-$1.50.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000174033223000025/0001740332-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000174033223000025/rezi-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001740332-23-000025

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