Resideo Technologies: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 05:06 PM ET
Last Updated - Aug 08, 2024, 05:06 PM EDT
SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Resideo Technologies Inc. (REZI) on Thursday reported earnings of $30 million in its second quarter.
The Scottsdale, Arizona-based company said it had net income of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 62 cents per share.
The residential comfort and security systems maker posted revenue of $1.59 billion in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.54 billion.
For the current quarter ending in September, Resideo Technologies expects its per-share earnings to range from 49 cents to 59 cents.
