REZI
Resideo Technologies, Inc.36.11
+0.14+0.39%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
FY Q3 '25
Key Stats
Market Cap
5.41BP/E (TTM)
-Basic EPS (TTM)
-4.54Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
8-K
Resideo completes $1.59B deal with Honeywell to end future obligations under 2018 spin-off agreement.
Resideo Technologies, Inc. (REZI) completed a transaction with Honeywell International Inc. (HON) to accelerate and eliminate all future monetary obligations under the 2018 Indemnification and Reimbursement Agreement from the spin-off. Resideo made a one-time cash payment of $1.59 billion to Honeywell, terminating the agreement and removing obligations including annual payments up to $140 million through 2043. Other agreements, such as the Honeywell Home brand license, remain in effect. Willkie Farr & Gallagher LLP advised Resideo legally, and Collected Strategies handled strategic communications.
8-K
Record Q2 revenue, raised outlook
Resideo Technologies reported record Q2 2025 net revenue of $1.94 billion, up 22% year-over-year, fueled by the Snap One acquisition and 8% organic growth, while Adjusted EBITDA hit $210 million, a 20% rise. A $882 million expense from the Honeywell Indemnification Agreement termination swung the quarter to a $825 million net loss. The company raised its full-year 2025 outlook to $7.45-$7.55 billion in revenue and $845-$885 million in Adjusted EBITDA. Strong cash flow persists, but the $1.59 billion Q3 payment looms large.
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