Resideo Announces Third Quarter 2024 Financial Results

Net revenue growth of 18% year-over-year; mid-single-digit organic revenue growth at both ADI and Products and Solutions Products and Solutions gross margin of 42.2%, sixth consecutive quarter of year-over-year improvement Net income available to common stockholders of $11 million; adjusted EBITDA of $190 million, above the high end of outlook range Strong demand for the refreshed Honeywell Home Focus Pro™ thermostat portfolio, first in a cadence of new product introductionsSCOTTSDALE, Ariz., Nov. 7, 2024 ...