Resideo Announces Full Year and Fourth Quarter 2024 Financial Results and Initiates 2025 Outlook
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Resideo Technologies, Inc. (NYSE: REZI) reported strong financial results for 2024, with net revenue of $6.76 billion and a record cash flow from operations of $444 million. The company exceeded its outlook in several key metrics, including net income and adjusted EBITDA.
February 20, 2025 | 9:15 pm
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Resideo Technologies reported strong financial results for 2024, with net revenue of $6.76 billion, exceeding expectations. The company also achieved a record cash flow from operations and improved gross margins.
Resideo's financial performance exceeded expectations in several key areas, including revenue, net income, and cash flow. This strong performance is likely to positively impact the stock price in the short term as it reflects the company's growth and operational efficiency.
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