secwatch.observer — SEC 8-K summary
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Issuer:     RESIDEO TECHNOLOGIES, INC. (REZI)
CIK:        0001740332
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001740332-24-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Resideo Q1 revenue $1.49B, net income $43M; director Andrew Teich named Vice Chair to oversee Snap One
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- Q1 net revenue $1.49B, down 4% YoY; net income $43M vs $57M prior year.
- Diluted EPS $0.29 (adjusted $0.47) vs $0.38 ($0.51) prior year.
- Adjusted EBITDA $137M at higher end of outlook range.
- Products & Solutions gross margin 39.5%, fourth consecutive YoY improvement.
- Director Andrew Teich appointed Vice Chair effective May 1, overseeing Snap One acquisition and transformation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1740332/000174033224000043/0001740332-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1740332/000174033224000043/rezi-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001740332-24-000043

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