Resideo(REZI) - 2023 Q4 - Earnings Call Presentation

• OPEX down 10% y/y adjusting for restructuring, with cost savings initiatives more than offsetting inflation impacts F ADI Global Distribution Financial Trends $0 $15 $30 $45 $60 $75 $90 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 ADI Operating Profit -14% Y/Y $M | --- | --- | |-------|-----------------------------------------------------------------| | | | | | Q4 2023 HIGHLIGHTS | | | | | • | Revenue down 1% y/y driven by declines in residential security | | | category, offset by growth in | | | ...