Welcome to our dedicated page for Resideo Technologies news (Ticker: REZI), a resource for investors and traders seeking the latest updates and insights on Resideo Technologies stock.
Resideo Technologies (REZI) provides essential solutions for home comfort, energy efficiency, and security through its smart home products and ADI Global Distribution network. This news hub offers investors and industry stakeholders centralized access to official updates and market developments.
Track earnings announcements, product innovations, and strategic initiatives shaping Resideo's position in connected home technologies. Our curated news collection includes regulatory filings, partnership announcements, and analysis of trends impacting the smart living sector.
Discover updates spanning critical areas: quarterly financial results, new sensor technology launches, distribution network expansions, and sustainability initiatives. Content is rigorously verified to ensure accurate reporting on Resideo's operational milestones and industry leadership.
Bookmark this page for timely updates on REZI's market movements and technological advancements. Combine our news feed with Resideo's investor relations materials for comprehensive due diligence on this smart home solutions provider.
Resideo Technologies, Inc. (NYSE: REZI) will participate in upcoming investor conferences to showcase their technology-driven products and solutions for homes and businesses. The senior management will present at the Oppenheimer 19th Annual Industrial Growth Conference on May 7, 2024, and at the Baird Global Consumer, Technology & Services Conference on June 6, 2024.
Resideo Technologies, Inc. announced first quarter 2024 financial results with net revenue of $1.49 billion, down 4% YoY. Adjusted EBITDA was $137 million, surpassing outlook. The company continues its business transformation with new product launches and the acquisition of Snap One. Gross margin improved to 39.5% in Products and Solutions. Resideo aims to enhance exclusive brand sales and digital capabilities.
Resideo Technologies (NYSE: REZI) and Baltimore Gas and Electric (BGE) have announced a partnership to expand BGE's Connected Rewards program in Maryland, aiming to balance the grid during peak demand periods and provide energy savings to customers. The program allows customers to reduce overall electricity demand during peak times, receiving financial incentives for enrolling their smart thermostats. Resideo's expertise in energy management and grid reliability will help BGE in maintaining grid stability and achieving cost savings for customers.
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