Tag: ADI Global Distribution
ADI sees continued weakness in residential AV as housing market drags on demand
September 2, 2026Cory Harris, Editor
MELVILLE, N.Y.—ADI Global Distribution reported record second-quarter revenue of $1.286 billion, but the company said weakness in the residential audiovisual market (AV) remains a significant headwind.
The comments came during ADI's first earnings call as an independent public company following its Aug. 3 separation from Resideo.
"Overall, demand across our commercial markets remained resilient, while residential audiovisual continued to reflect the soft U.S. housing environment,"...
ADI begins trading as independent public company following Resideo spin-off
August 4, 2026SSN Staff
SCOTTSDALE, Ariz.—ADI Global Distribution on Aug. 4 began trading on the New York Stock Exchange following the completion of its spin-off from Resideo Technologies.
Resideo first announced plans to divest ADI in July 2025. Resideo will continue trading under the ticker symbol REZI, while ADI trades under ADIG.
The transaction was completed through the distribution of all outstanding shares of ADI common stock to Resideo shareholders on...
Resideo Q1 revenue climbs 8% as earnings surge, ADI spin-off nears
May 13, 2026SSN Staff
SCOTTSDALE, Ariz.—Resideo Technologies reported Q1 2026 results that exceeded its outlook across key metrics, driven by steady growth in both its Products & Solutions (P&S) and ADI Global Distribution businesses.
The performance reflects continued operational execution across both segments, with strength in core security, pro audiovisual (AV) and data communications categories, alongside momentum from new product introductions and pricing actions.
“Our first quarter results reflect...
In brief: NAPCO and Resideo post strong financials, Pye-Barker expands, Verkada enhances platform
May 13, 2026SSN Staff
AMITYVILLE, N.Y.—NAPCO Security Technologies reported solid fiscal Q3 2026 results, highlighted by double-digit revenue growth, expanding margins and continued strength in its high-margin recurring service revenue (RSR) business.
Total net revenue for the quarter ended March 31 increased 11.8% year over year to $49.2 million, driven by growth across both equipment sales and recurring services.
Recurring revenue drives performance
Recurring service revenue accounted...
ADI Expo Tour goes further in 2026, delivering strategies to help dealers grow
April 7, 2026SSN Staff
MELVILLE, N.Y.—ADI has announced the launch of its annual ADI Expo Tour, with its most business-focused and growth-oriented program to date.
Beginning in April, the ADI Expo will travel to 28 cities across the United States and Canada, bringing the power of an industry tradeshow to selected markets by connecting dealers, integrators, and leading manufacturers for an immersive one-day experience designed to uncover new revenue opportunities, strengthen competitive positioning, and deliver...
Resideo announces Q4 and full year 2025 financial results, initiates 2026 outlook
February 24, 2026SSN Staff
SCOTTSDALE, Ariz. — Resideo Technologies, a leading global manufacturer, developer, and distributor of technology-driven sensing and controls products and solutions for residential and commercial end-markets, today announced financial results for the full year and fourth quarter ended December 31, 2025.
"In the fourth quarter, Resideo delivered strong results that either exceeded or were at the high end of our outlook range. In 2025, Resideo exceeded...
NAPCO’s business model ‘working exactly as intended,’ says CEO
February 4, 2026Cory Harris, Editor
AMITYVILLE, N.Y.—The subscription-focused strategy of NAPCO Security Technologies continues to pay off, with recurring service revenue (RSR) scaling alongside equipment sales to drive record results in the company’s second quarter fiscal year 2026.
During a recent conference call, Chairman and CEO Richard Soloway told analysts that Q2 revenue reached a record $48.2 million, driven by double-digit growth across both RSR and equipment sales, expanding...
ADI celebrates grand opening of new Charlotte Support Center
September 18, 2025SSN Staff
MELVILLE, New York– ADI Global Distribution has announced the grand opening of its new Support Center in Charlotte, located at the Panorama Tower in Ballantyne, N.C.
Spanning 41,000 square feet across two floors, the new facility is home to more than 180 team members representing marketing, accounting, product development, education, training, and other key departments.
The new Charlotte Support Center marks the relocation of the former Snap One headquarters. Following the acquisition...
'The best is yet to come': ADI president charts bold future ahead of Resideo separation
August 20, 2025Cory Harris, Editor
MELVILLE, N.Y.—Rob Aarnes, president of ADI Global Distribution, sees the company’s pending spin-off from Resideo as a “natural next step” in its evolution.
The announcement on July 30 that Resideo intends to separate its ADI Global Distribution business (ADI) sent ripples throughout the security industry.
Resideo President and CEO Jay Geldmacher stated in the announcement that both companies are now set to “unlock their full potential”...
Resideo’s Q2 performance highlights product momentum, strategic realignment
August 6, 2025Ken Showers
SCOTTSDALE, Ariz. — Resideo scored some record highs in the second quarter of 2025, including net revenue of $1,943 million, a 22% increase, driven by strong product demand and positive market forces.
“Gross margin expansion and increased EBITDA generation were underpinned by growing operating income dollars at (ADI Global Distribution) and Products & Solutions, both sequentially and year over year,” said CEO Jay Geldmacher during a recent webcast. “Demand for our...