Overview
Resideo Q3 revenue rises 2% yr/yr to $1.86 bln
The maker of sensing and controls products posts record high Q3 net income of $156 mln, vs $20 mln year ago
Record high Q3 Adjusted EBITDA of $229 mln, up 21% yr/yr
Outlook
Company sees Q4 2025 net revenue between $1.853 bln and $1.893 bln
Company expects full-year 2025 net revenue between $7.430 bln and $7.470 bln
Resideo forecasts Q4 2025 adjusted EPS between $0.42 and $0.52
Result Drivers
PRODUCT LAUNCHES - New product launches, including ElitePRO smart thermostats, drove customer demand
MARGIN EXPANSION - Record high gross margins achieved through efficient manufacturing and margin accretive activities
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$1.86 bln
$1.88 bln (1 Analyst)
Q3 Net Income
$156 mln
Q3 Gross Margin
29.80%
Q3 Income From Operations
$140 mln
Press Release: ID:nPn2JnKvLa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)