Resideo Condenses CONNECT Into Succinct Virtual Sessions
The manufacturer offered its Premier Dealer Program members market and product updates as well as encouragement at abbreviated version of its annual event.
The manufacturer offered its Premier Dealer Program members market and product updates as well as encouragement at abbreviated version of its annual event.
ADI Global Distribution quarterly segment revenue increased 11%, while the Products & Solutions segment reported a revenue increase of 12%.
Resideo’s professionally installed and monitored security, life safety and smart home control system is now available in North America.
The new Honeywell Home Tuxedo panel by Resideo features a 7” color touchscreen and is compatible with hundreds of Z-Wave Plus devices.
The ADI Expo program is planned to resume in February 2021. Dealers are encouraged to take advantage of online training to sharpen business skills.
Headwinds caused by the coronavirus were attributed for the revenue losses at Resideo’s ADI Global Distribution and Products & Solutions segments.
A 30-year industry veteran, Geldmacher will succeed former President and CEO Mike Nefkens who stepped down last December.
Resideo posted revenues of $1.18 billion for the quarter ended March 2020, missing the Zacks Consensus Estimate by 3.78%.
With Resideo’s Scott Harkins moderating, industry association executives will discuss how the COVID-19 crisis is impacting the security ecosystem.
The company reported quarterly earnings of 39 cents per share, beating the Zacks Consensus Estimate of 28 cents per share.
This session will help integrators better understand the needs and market demands of their retail customers.
Take a closer look at all the recurring monthly revenue trends from our 2021 research
