Resideo Technologies Q1 Non-GAAP Earnings, Revenue Rise

MT Newswires Live
May 13

Resideo Technologies (REZI) reported Q1 non-GAAP earnings late Tuesday of $0.65 per diluted share, up from $0.63 a year earlier.

Two analysts polled by FactSet expected $0.61.

Revenue for the three months ended April 4 rose to $1.91 billion from $1.77 billion a year earlier.

One analyst surveyed by FactSet expected $1.87 billion.

The company expects Q2 non-GAAP EPS of $0.71 to $0.75 and revenue of $1.92 billion to $1.94 billion. Two analysts expect non-GAAP EPS of $0.84, and one analyst expects revenue of $2.01 billion.

The company reiterated full-year 2026 non-GAAP EPS of $3.00 to $3.20 and revenue of $7.8 billion to $7.9 billion. Three analysts surveyed by FactSet expect EPS of $2.9 and revenue of $7.77 billion.

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