Resideo Announces Third Quarter 2026 Financial Results and Updates 2026 Outlook
FROM THE WIRE · PRNEWSWIRE.COM
Total revenue of $727 million, up 3% year-over-year, and revenue excluding OEM Security up 6% year-over-year Gross margin of 40.4%, marking the 14th consecutive quarter of year-over-year gross margin expansion GAAP income from continuing operations, net of taxes, of $31 million…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRevenue up 3% and $1.1 billion of debt repaid, but GAAP earnings fell sharply.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Total revenue was $727 million, up 3% year-over-year.
- 02Gross margin reached 40.4%, the 14th consecutive quarter of year-over-year expansion.
- 03Total gross debt fell to $2.1 billion after repaying $1.1 billion.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets